Welcome to your dream waterfront retreat in Babylon! This stunning home offers a unique blend of luxury, comfort, and breathtaking bay views that captivate from the moment you arrive. Set on a prime piece of waterfront property, this residence boasts expansive windows that flood the home with natural light and provide panoramic views of the shimmering water. Inside, you'll find an open-concept floor plan with high-end finishes throughout. The gourmet kitchen is a chef's delight, featuring granite countertops, premier brand appliances, a walk in pantry and a spacious island perfect for entertaining. The inviting living area is complemented by a cozy fireplace, ideal for relaxing evenings overlooking the tranquil bay. The primary suite is a true sanctuary, complete with a spa-like ensuite and walk-in closet. Additional bedrooms are generously sized, offering comfort and privacy for family or guests. Step outside to discover a beautiful retreat with a large deck, perfect for alfresco dining or morning coffee by the water's edge. The private dock allows for easy boating access, making it ideal for water enthusiasts. Featuring shore power, water at the bulkhead and a serene outdoor shower, this home provides the ultimate waterfront lifestyle. Located in Frederick Shores, this home offers not only stunning waterfront living but also proximity to vibrant shops, fine dining, and the picturesque charm of downtown Babylon Village. Don't miss this rare opportunity to own a piece of paradise-home awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $1,693 | $1,693 | $1,693 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,664 | $5,117 | $6,798 |
Total Monthly Payment | $6,449 | $6,902 | $8,583 |
* 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.