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PRICE IMPROVEMENT! NEW YEAR, NEW HOUSE! Calling ALL Boaters, Water lovers! Location, Location, Location! Beautiful waterfront property located on Strong's Creek Canal in the Venice of Long Island section of Lindenhurst. A natural spring fed deep canal that can accommodate large boats. House redone in 2012/2013 and raised 13 feet with 3 stories, 2 wrap around decks and an exterior elevator that brings you from the lower wooden deck to the upper composite deck and main living area. The beautiful interior features magnificent picture windows; bringing in lots of natural sunlight, cathedral ceilings, an updated EIK with maple cabinets, ss appliances and access to the upper deck. The spacious primary bedroom has 2 picture windows with views of the canal, 2 custom closets and space for king sized furniture and then some! The full unfinished basement adds a tremendous amount of storage with sectioned off areas, access to the outside and overflow for parties. The basement offers endless opportunities with multiple means of egress and a work bench for those who are handy or want to become handy! The leased solar panels provide energy savings and efficiency; there is a full house surge protector, a newer hot water heater and new Gas boiler, new pipes and wiring, 2 updated electric panels and 19 vents throughout the house to keep the flood insurance low. The garage with soaring ceilings fits a 21 ft boat with a trailer. With 50 feet of bulkhead and views like no other, this fabulous house is the "Just Right" house for boaters, entertainers and just about anyone who loves nature, parties and being on the water. This house truly has it ALL! Located within close proximity to schools, parks, stores, restaurants, places of worship and anything you need, this house is just waiting for its next home owners who will love this house as much as the current homeowner's obviously do.
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Our Executive Mortgage Banker:
Our Insurance Division:
$789,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $631,200 | $631,200 | $631,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.522% |
| Monthly Tax Payment | $1,411 | $1,411 | $1,411 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,584 | $3,780 | $5,074 |
| Total Monthly Payment | $5,086 | $5,282 | $6,576 |
* 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.