115 Midway Street, Babylon, NY, 11702 | $1,499,000

Elegant Waterfront Estate in Babylon Village Welcome to this stunning estate, a jewel in the prestigious Babylon Village, where every detail reflects luxury and comfort. This home is perfectly designed for both tranquility and grand entertaining, offering breathtaking views and a host of amenities that cater to a sophisticated lifestyle. Sophisticated Interior Features: The residence boasts an expansive layout including five bedrooms and three living rooms, providing ample space for family and guests. Gourmet chefs will delight in the kitchen equipped with two full-size ovens, a microwave, and an Insta Hot dispenser, perfect for instant beverages. Sophistication meets functionality with a central vacuum system, hardwood floors throughout, and a convenient second-floor laundry setup near the bedrooms. Tech-Enabled Living: Stay connected and entertained with a state-of-the-art wiring system, including 6000 feet of CAT6 cables and a comprehensive house and deck speaker system controlled via a dedicated wiring closet. Modern comforts include natural gas fireplaces, ensuring a warm ambiance in the living spaces. Exceptional Outdoor Experience: This property features a meticulously maintained 90-foot bulkhead on an extra-wide canal, suitable for large boats, and includes a Wave Runner/Jet Ski winch. The outdoor spaces are designed for year-round enjoyment with Trex decking, a natural gas fire pit, and a hot tub on the second-floor deck offering privacy and stunning views. Integrated natural gas lines on the deck enhance outdoor cooking and entertaining possibilities. Unparalleled Convenience and Comfort: Experience effortless living with features like garbage pickup service directly from your premises and an insulated home with spray foam in the attic and basement to significantly cut down HVAC costs. The home is elevated 6 feet, safeguarding it against high tides and enhancing the magnificent views of the Great South Bay. Luxury Amenities and Local Access: Located within the coveted Babylon village, the home offers easy access to the village pool, local pools, docks, and is just a 10-minute ride from Babylon RR with resident parking. A large mudroom caters to practical needs on wet or rainy days, and the sizable dining room can expand into the foyer to accommodate over 22 people for memorable gatherings. Additional Luxuries: Enjoy the practicality of a large attic for extra storage and the elegance of well-manicured exterior lighting that enhances the home's curb appeal. Two stylish interior staircases enhance the flow of the home, adding to its grandeur and accessibility. This exceptional Babylon Village estate is not just a home, but a lifestyle destination offering both the serenity of waterfront living and the convenience of village amenities. A perfect setting for those who appreciate luxury and comfort in every aspect of their lives. Elegant Waterfront Estate in Babylon Village

Features

  • Rooms: 11
  • Bedrooms: 5
  • Baths: 2 full / 2 half
  • Style: Other
  • Year Built: 1976
  • Garage: 2-car Attached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: None
  • Acreage: 0.21
  • Est. Taxes: $27,279
  • Middle School: Babylon Junior-Senior High School
  • High School: Babylon Junior-Senior High School
  • School District: Babylon
  • MLS#: 3560690
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /eprop/3560690/115midwaystreet_babylon_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 Evolution Realty of L I   Phone: 631-239-1928

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

115 Midway Street, Babylon, NY, 11702

$1,499,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,199,200 $1,199,200 $1,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment $2,273 $2,273 $2,273
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,715 $7,286 $9,878
Total Monthly Payment $9,113 $9,684 $12,276

* 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.