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Nothing compares to this location and these views. Rare, open bay waterfront property with full western exposure that will bring each sunset streaming through your double set of sliding glass doors. Spend your days on the oversized raised deck taking in the ever-changing scenery off the open concept living room with beautiful vaulted wood ceilings. Featuring a recently renovated eat-in-kitchen (gas range and stainless steel appliances), and recently updated bathrooms (upstairs with bath/shower and double vanity; downstairs set up as a primary bedroom en suite), paired with gleaming hardwood floors and carefully maintained original brick and wood work; a first floor primary bedroom with en suite bathroom and french doors opening out to an open concept first floor family room. The house could be set up as a mother-daughter if proper permits were to be obtained. The spacious, fully decked backyard is ready made for entertaining. Park in the attached 2 car garage or the 3 car driveway, paved with decorative concrete for a nautical feel. Located on a very quiet road without through-traffic. Water frontage contains full bulk-heading with private pier, floating dock and boat lift. Whether you are heading out to fish, planning to pull up to a restaurant in style, or take a sunset cruise, being just a few short minutes from Reynolds Channel after cast off makes this location a boater's paradise. For non-water based transportation, it is a short trip to the Island Park LIRR Station (approx. 49 min train ride to Midtown Manhattan) and the Long Beach and Island Park shops, restaurants and beaches. Waterfront living with a practical commute to New York City.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $1,106 | $1,106 | $1,106 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,908 | $7,684 | $10,208 |
Total Monthly Payment | $8,139 | $8,915 | $11,439 |
* 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.