This Mediterranean-style home, built in 1898, sits on a spacious 150-by-316-foot property, blending European inspiration with the charm of a waterfront retreat. With six bedrooms, three full bathrooms, and two half-bathrooms spread across three stories, the house is ideal for both family living and entertaining. The second-floor master suite is a standout, featuring a cozy fireplace and a veranda that overlooks a deepwater canal, perfect for enjoying serene views. The exterior, characterized by its stucco and concrete construction, nods to the Mediterranean style that was a rarity in America at the time. The property includes an inviting inground pool and a canal-facing boathouse topped with a classic Spanish-style roof, providing ample space for a 60- or 70-foot boat. Designed as part of Bayberry Point, a historic summertime destination developed by the Havemeyer family, the home offers a blend of luxury and timeless elegance in a tranquil setting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $2,849 | $2,849 | $2,849 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,697 | $7,267 | $9,852 |
Total Monthly Payment | $9,671 | $10,241 | $12,826 |
* 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.