Welcome to this beautiful expanded cape home in Babylon, offering 4 bedrooms and 1 bath. A perfect blend of classic charm and modern updates. Situated just four blocks from Southards Pond Park, this home boasts spacious and bright interiors, energy efficiency, and fantastic outdoor space for relaxation and entertainment. Upon entering the residence, you will be greeted by a formal dining room showcasing gleaming hardwood floors and a cozy wood-burning fireplace, a fully equipped eat-in kitchen with stainless steel appliances perfect for preparing meals and gatherings, an ample living room with a separate foyer entrance/french doors and a wood burning stove(adding warmth and character to the home), a full bathroom with radiant heated floors, and 2 bedrooms conveniently located on the first floor for easy accessibility. On the second floor you will find 2 more well sized bedrooms and a bonus room offering the potential for an extra bathroom, home office, storage, or laundry area. The basement features a finished room currently used as a gym, a laundry area, and a large storage room providing ample space for organization and convenience. The large fenced backyard comes with a deck perfect for entertaining and outdoor dining, a shed, and in-ground sprinklers to help keep the yard lush and green. Enjoy significant savings on your electric bills with the fully paid off solar panels that will be transferred with the home. Other items that need mentioning are the 1-car garage with ample driveway providing plenty of parking, central a/c, built-in indoor and outdoor speakers, and 200 amp electric service. Enjoy everything Babylon has to offer with its close proximity to highways, the LIRR, and the village offering a wide variety of eateries and shopping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $911 | $911 | $911 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,413 | $3,547 | $4,520 |
Total Monthly Payment | $4,416 | $4,550 | $5,523 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.