3462 Colony Drive, Hempstead (Baldwin), NY, 11510 | $789,999

Welcome to this picturesque 6-bedroom, 2-bathroom cape in the highly sought-after Bay Colony neighborhood of Baldwin, NY. Perfectly positioned 8 houses away from the open bay, this home offers an exclusive gateway to waterfront living. As you enter the delightful front porch, the charm of this residence invites you inside to discover its warm and welcoming layout. The first floor features three cozy bedrooms, a full bathroom, an expansive living room with fireplace, a formal living and an eat-in kitchen perfect for gathering over meals and creating memories. The kitchen's generous space and functional design will surely be the heart of your home, with a breathtaking view of the Canal. Ascending to the second level, you'll find the 2 spacious bedroom and an additional bedroom, each thoughtfully laid out for privacy and comfort. Another full bath on this level adds convenience and ensures ample space for family and guests alike. What truly sets this home apart is its incredible waterfront location. Nestled on the canal and backing up to a serene nature preserve, the property includes a brand-new bulkhead and private boat slip, perfect for boating enthusiasts. The allure of the water is ever-present and offers an idyllic backdrop for your daily life. Additionally, homeowners will enjoy exclusive access to a private beach, with membership available for only $175 annually. Whether boating, enjoying nature or simply relaxing by the water, this home offers an array of activities for everyone. Don't miss the opportunity to own this beautiful waterfront home in Baldwin, where every day feels like a vacation.

Features

  • Town: Hempstead
  • Amenities: Powered Boats Allowed
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 2 full
  • Style: Cape Cod
  • Year Built: 1938
  • Garage: 1-car Attached
  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air
  • Basement: Crawl Space
  • Approx Sq. Feet: 2,390
  • Acreage: 0.17
  • Est. Taxes: $11,309
  • Lot Desc: Protected Wetlands
  • View: Other, Water
  • Water Front: Yes
  • Middle School: Baldwin Middle School
  • High School: Baldwin Senior High School
  • School District: Baldwin
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • MLS#: 3547134
  • Days on Market: 162 days
  • Website: https://www.raveis.com
    /prop/3547134/3462colonydrive_hempstead_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Integrity Core Realty   Phone: 516-200-1202

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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3462 Colony Drive, Hempstead (Baldwin), NY, 11510

$789,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $631,999 $631,999 $631,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.412%
Monthly Tax Payment $942 $942 $942
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,311 $4,200 $5,376
Total Monthly Payment $5,345 $5,234 $6,410

* 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.