A rare waterfront property awaits you. Experience the epitome of luxury living in the highly sought-after waterfront community of The Moorings. Nestled in East Islip on Long Island's Great South Bay, this private gated neighborhood provides access to all Fire Island destinations as well as the inlets to the Atlantic Ocean for all of your adventurous yachting excursions. Your dream of living in paradise awaits you at this beautifully customized Colonial featuring 5 bedrooms, 3 1/2 baths plus a 2 bedroom guest house. The expansive backyard entertainment oasis has an inground pool, featuring a Key Largo Artisan Dual Marlin Fountain. Enjoy the custom granite outside dining table for 8 under the covered guest cottage roof and the huge 308' of bulk-heading with deep water dockage for your yacht(s) and all of your favorite water toys. The Guest Cottage features: 2 bedrooms; a built in TV bar area; a seating area with full bathroom and kitchen amenities. Inside the main house you will enjoy the sunrises and sunsets through expansive windows or as you relax on the covered balcony off the custom 1, 200+ sq ft primary ensuite with loft. Relaxation never seemed so easy until now, like you are at a 5 star hotel. As you approach this home, the circular driveway leads you to a expansive front entrance with double, customized wrought iron doors with privacy glass. Step through the doors into the brilliantly lit two story foyer with crystal chandelier reflecting onto the marble floors and elegant staircase where many of your memorable photos with be taken. This home consists of a large formal dining room, living room, den and large kitchen overlooking the water with a centrally located fireplace for those cold winter nights. Store your cars in the two-car attached garage. All of this sits privately on 1 acre of property on a cul de sac. Come and see what living at its finest is all about. Community amenities include a marina, tennis/pickleball courts, 24-hour gated guard house and a homeowner's association.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,280,000 | $2,280,000 | $2,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $3,109 | $3,109 | $3,109 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,767 | $14,038 | $18,933 |
Total Monthly Payment | $16,001 | $17,272 | $22,167 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.