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Nestled in the charming village of Babylon, this stunning 3-bedroom, 2. 5-bath colonial offers a rare opportunity to own a waterview property with direct boat access. Currently under renovation, this home is being meticulously updated to blend modern elegance with timeless coastal charm. Enjoy breathtaking water views from multiple rooms, with serene vistas that create a tranquil retreat just minutes from Babylon’s vibrant downtown. The property features a dock, perfect for boating enthusiasts looking to explore the Great South Bay or simply relax by the water’s edge. Inside, the spacious layout will be refreshed with contemporary finishes while preserving the home’s classic colonial character. The bright and airy living spaces flow seamlessly, ideal for both everyday living and entertaining. Conveniently located near top-rated schools, marinas, shops, and restaurants, 16 Lucinda Drive is more than just a home, it’s a water view lifestyle. Don’t miss the chance to own this exceptional property, where every detail is being crafted for refined coastal living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $544 | $544 | $544 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,084 | $4,605 | $6,069 |
Total Monthly Payment | $4,720 | $5,241 | $6,705 |
* 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.