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2848 Bay Drive, Merrick, NY, 11566 | $1,649,999
Welcome to 2848 Bay Drive, a recently renovated gem nestled at the end of a serene dead end street in the highly desirable Lindemere section of South Merrick. This spectacular 2, 800 sqft residence offers an inviting open floor plan with 10ft high ceilings designed for comfort and functionality, making it the perfect setting for both relaxation and entertaining. Boasting 5 well appointed bedrooms and 3. 5 modern bathrooms, 2 of them in suite, equipped with radiant heat floors, this house is a haven of peace and luxury. The heart of this home is a beautiful living area that seamlessly flows into a newly remodeled two toned modern kitchen in 2022 equipped with stainless steel appliances, quartz countertops with a waterfall island, ample storage, making every meal a joy to prepare. New boiler installed in 2019, providing peace of mind and energy efficiency. The house is equipped with a WIFI controlled heating/cooling system. It comes with a 16 channel 4K interior/exterior 24/7 video/audio. Step outside to discover the deep water canal, offering direct access to breathtaking views and water activities right from your backyard. WiFi controlled sprinkler system makes it easy to care for your gorgeous landscaping that was newly designed in 2022. Tempered glass railing provides safety without obstructing the water views. Step outside your kitchen onto the trex deck covered by the master balcony above. The new roof, added in 2019, exemplifies the commitment to quality and durability in this remarkable home. Fema Flood Insurance is only $1953. Low taxes, only $18, 640. You'll appreciate the convenience of being close to everything. In addition, this home qualifies for the bus to Lakeside Elementary, Middle and JFK High Schools. Merrick train station and bus stops are within easy reach, offering seamless commuting options. Don't miss the opportunity to own this waterfront sanctuary, where every day feels like a vacation. Schedule your visit today and start living the dream!
Features
- Amenities: Powered Boats Allowed
- Rooms: 11
- Bedrooms: 5
- Baths: 3 full / 1 half
- Style: Contemporary
- Year Built: 1956
- Garage: 2-car Private, Attached, 2 Car Attached, Garage, Off Street, On Street
- Heating: Natural Gas, Baseboard, Hot Water
- Cooling: Central Air
- Basement: Partially Finished
- Approx Sq. Feet: 2,805
- Acreage: 0.18
- Est. Taxes: $18,640
- Lot Desc: Level, Near Public Transit, Private
- View: Water
- Water Front: Yes
- Elem. School: Norman J Levy Lakeside School
- Middle School: Merrick Avenue Middle School
- High School: John F Kennedy High School
- School District: Merrick
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Oven, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer
- MLS#: 3543552
- Days on Market: 69 days
- Website: https://www.raveis.com
/eprop/3543552/2848baydrive_merrick_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
2848 Bay Drive, Merrick, NY, 11566
$1,649,999
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,319,999 | $1,319,999 | $1,319,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
| Monthly Tax Payment | $1,553 | $1,553 | $1,553 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,599 | $8,235 | $11,228 |
| Total Monthly Payment | $9,277 | $9,913 | $12,906 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535