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Waterfront luxury meets modern comfort at this reintroduced gated compound in Biltmore Shores. Set on an impressive 314 foot deep property from curb to bulkhead, this home offers the best of coastal living with a 20x40 inground pool, spa, patio, upper deck, and private boat slips along a scenic canal just off Massapequa Cove. This 4 bedroom, 3 bath home offers flexible living, including the potential for a 5th bedroom. The chef’s kitchen features custom cabinetry, a 12 ft granite island, wine fridge, ice maker, and gas cooktop, opening to a vaulted dining and living area with French doors framing serene water views. The upper level includes two bedrooms and two full baths, one with a spa steam shower. The lower level offers a private primary suite with ensuite bath, walk in closet, and direct access to the patio, jacuzzi, and pool. A second fireplace, laundry room, and two car garage complete the home. Located in the Massapequa School District, close to Alhambra Park, beach clubs, and waterfront dining, this home is perfect for year round living, a summer retreat, or a premium short term rental.
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Our Executive Mortgage Banker:
$1,649,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,319,920 | $1,319,920 | $1,319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,985 | $1,985 | $1,985 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,391 | $8,020 | $11,049 |
| Total Monthly Payment | $9,500 | $10,129 | $13,158 |
* 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.