This amazing home boasts incredible views of the Great South Bay and the Robert Moses Causeway Bridge, offering remarkable value with its low taxes and owned solar panels, complete with a new inverter less than a year old, ensuring optimal efficiency. If you're in search of the ultimate getaway from the hustle and bustle of life, and crave the serene beauty of waterfront living, look no further. This is Old Babylon Village at its finest. Relax in the warmth of this elevated home, which features a spacious outdoor deck and a soft sandy beach, perfect for entertaining and enjoying the scenery. The fireplace inside is versatile, operating with both gas and wood. Additionally, the new boiler and hot water heater are equipped with three zones: the first floor, the second floor, and a dedicated zone for water retention storage, offering excellent energy efficiency for hot water needs. Boats can easily tie up for loading, promising endless days of water adventures. Located just a short distance from Babylon Pool and Docks, residents can enjoy all the amenities of this charming seaside village, including its proximity to the Babylon train station, providing a convenient 45-minute commute to NYC. Other nearby attractions include the Babylon Village Library, shopping destinations, Argyle Park, and a plethora of restaurants to choose from. The homeowner is eager to sell the home with most furnishings included (with the exception of a few non-attached items), both indoors and outdoors. Don't miss the opportunity to visit this adorable Babylon Village home on the Bay and make it your own
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $711,999 | $711,999 | $711,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $907 | $907 | $907 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,043 | $4,442 | $5,960 |
Total Monthly Payment | $5,042 | $5,441 | $6,959 |
* 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.