5 Lagoon Boulevard, Oyster Bay (Massapequa), NY, 11758 | $789,000

***Price Improvement***, Seller understands That most Buyer will need to update this home and has lowered the price to help make the home more affordable. Welcome to 5 Lagoon Boulevard, a beautiful colonial nestled in the exclusive Biltmore Shores community. This charming home boasts a spacious layout featuring a sizeable eat-in kitchen, a formal dining room, and a large den-perfect for gatherings and entertaining guests. French doors in the dining room open to a deck, providing a seamless indoor-outdoor flow, making it easy to enjoy the peaceful backyard or host outdoor get-togethers. The large den offers additional flexibility and can be easily converted into a first-floor primary suite, adding to the home's versatile design. The property also includes a two-car garage, a patio, and the deck-all ideal for outdoor living and entertaining. As a Biltmore Shores resident, you'll be eligible to apply for membership to the Biltmore Beach Club and marina, which offers private beach access, swimming, boating, and year-round community events. This home offers a wonderful combination of luxury, comfort, and community living in one of Long Island's most desirable neighborhoods. Flood Insurance Is Transferable. Flood Zone X. Don't miss the opportunity to experience the charm and convenience of 5 Lagoon Boulevard. Schedule your viewing today!

Features

  • Town: Oyster Bay
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Colonial
  • Year Built: 1960
  • Garage: 2-car Attached
  • Heating: Oil, Baseboard, Radiant
  • Cooling: Wall Unit(s)
  • Basement: None
  • Approx Sq. Feet: 1,883
  • Acreage: 0.18
  • Est. Taxes: $15,158
  • Lot Desc: Near Public Transit, Private
  • Middle School: Berner Middle School
  • High School: Massapequa High School
  • School District: Massapequa
  • MLS#: 3582460
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/3582460/5lagoonboulevard_oysterbay_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 X Marks The Spot Home Svcs Inc   Phone: 516-640-2525

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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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

5 Lagoon Boulevard, Oyster Bay (Massapequa), NY, 11758

$789,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $631,200 $631,200 $631,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $1,263 $1,263 $1,263
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,199 $4,195 $5,323
Total Monthly Payment $5,554 $5,550 $6,678

* 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.