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This unique waterfront Cape-style home in a prime Freeport cul-de-sac offers 2 bedrooms, 2 baths, and direct canal access to the Jones Inlet, with 185 ft of updated private bulkhead—perfect for boats and water sports. Recent updates include a new roof. Inside, the home features inviting brick floors throughout the entry and living room, two fireplaces, one in the main bedroom and a stunning stone wood-burning fireplace in the living room. A charming and bright eat in kitchen boasts an atrium style sunroof, Large windows, and a walk-in pantry. The living room area has built in shelves and wall to wall windows that will provide tons of light and back yard water views, built-in shelves and a magnificent stone wood-burning fireplace. Additional first floor highlights include a sun room, garden room, attached garage, and an expansive deck/patio ideal for outdoor entertaining —ready for a modern transformation. With thoughtful restoration, this home has the potential to become a luxurious waterfront retreat, offering both style and functionality in one of the most desirable locations. Enjoy enhanced privacy with, just moments from Freeport’s Nautical Mile. A rare opportunity to create a true luxury gem! Ask ChatGPT
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $1,069 | $1,069 | $1,069 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,801 | $2,917 | $3,890 |
| Total Monthly Payment | $3,962 | $4,078 | $5,051 |
* 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.