Welcome to your dream coastal retreat located on Broadway in the heart of Saltaire, an incorporated village on Fire Island. Saltaire is known for its relaxed setting and friendly atmosphere where raised boardwalks connect you from bay to ocean. Residents can easily visit nearby towns where you're only minutes away from local shops, grocery stores, restaurants, and many other local amenities. Saltaire has a yacht club that hosts sailing, tennis, and other daily local events, where members can also enjoy dinner or drinks, a day-camp for children between ages 4 and 12, a playground with art shed, and a brand new high end grocery store. 216 Broadway is equidistant from the ocean and Saltaire's lively bustling town. This charming 2-story home contains 4 spacious bedrooms and 2. 5 baths and offers the perfect blend of comfort and beachside elegance. A short distance from the shoreline, this home features ample deck space, 1st floor bedrooms, and a screened in porch. The primary en-suite bedroom connects to the second bedroom with double doors that largely expands the owners suite. The third and fourth bedrooms are located on either side of the screened in porch with the fourth bedroom connecting to the porch through a sliding glass door. The open layout of the second floor was built for entertaining, integrating the kitchen, living room and dining areas. Sliding doors and large windows wrap the majority of the second floor and invite natural light into the space while you enjoy unmatched privacy created by the native landscape that surrounds the property. Experience true serenity as you enjoy sunsets and unobstructed views of the Fire Island Lighthouse from your private roof deck.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,160,000 | $2,160,000 | $2,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $994 | $994 | $994 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,264 | $13,476 | $18,082 |
Total Monthly Payment | $13,383 | $14,595 | $19,201 |
* 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.