5 Overlook Avenue, Oyster Bay (Bayville), NY, 11709 | $1,599,999

Beautifully rebuilt in 2008, this multi-generational craftsman style home offers room for everyone, both inside and out. Spacious mother/daughter unit possible with proper permits. Situated on a 75x300 lot and has 3 levels of living and recreation space. In addition to the 5 spacious bedrooms and 3 full bathrooms, this home offers a beautifully designed kitchen with counter seating, a formal dining room, a living room, a den, and a great room featuring a stone fireplace, and a wet bar equipped with a built in ice machine. The attached 10x 20 sunroom is perfect for year-round enjoyment and leads right out to the grilling station where you will also find a 4 person hot tub. This home sits at the highest point in Bayville so if water views are what you're looking for this home does not disappoint as there are year round water views from almost every room in the house. The lower unit of this home has its own laundry room, full bathroom, 2 separate sliders to the private patio, separate entrances and access to the attached garage. There are so many wonderful things about this home, it is a must see **PLEASE SEE THE ATTACHED HIGHLIGHT SHEET FOR MORE OF THE HOMES DETAILS, Additional information: Appearance: Excellent, Interior Features: Guest Quarters, Lr/Dr, Marble Bath, Separate Hotwater Heater: Yes

Features

  • Town: Oyster Bay
  • Amenities: Park
  • Rooms: 12
  • Bedrooms: 5
  • Baths: 3 full
  • Year Built: 1954
  • Heating: Natural Gas, ENERGY STAR Qualified Equipment, Forced Air, Hot Water, See Remarks
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Basement: See Remarks, Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 4,573
  • Est. Taxes: $22,002
  • Lot Desc: Sprinklers In Front, Near Public Transit, Near School, Near Shops
  • View: Bridge(s), Panoramic, Skyline, Open
  • Water Front: Yes
  • Elem. School: Bayville Elementary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • Appliances: Gas Water Heater, Tankless Water Heater, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Washer
  • MLS#: 3577177
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /eprop/3577177/5overlookavenue_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 Douglas Elliman Real Estate   Phone: 516-921-2262

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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5 Overlook Avenue, Oyster Bay (Bayville), NY, 11709

$1,599,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $1,279,999 $1,279,999 $1,279,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.746% 6.597% 6.158%
Monthly Tax Payment $1,834 $1,834 $1,834
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,572 $8,090 $10,801
Total Monthly Payment $9,531 $10,049 $12,760

* 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.