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Dreaming of the summer? Buy your 2026 beautiful waterfront home! Welcome to 2884 Bay Drive, a beautiful residence nestled in the heart of Merrick's coveted Lindenmere Section. This spacious home, situated on a serene dead-end street, offers an abundance of space and tranquility. This property boasts four well appointed bedrooms and 2. 5 bathrooms offering ample space for relaxation and comfort and so close to the Great South Bay. An additional large room upstairs provides flexibility for a great home office or a fifth bedroom, ensuring this home can adapt to suit your needs. Enjoy swimming in your semi-inground pool on those warm summer days ahead. Central air and inground sprinklers add to the home's appeal, ensuring comfort and ease of maintenance, A generous 70 feet of bulkhead and a private dock make this home a boater's paradise right in your backyard. Wake up each morning to breakfast with a view, as you enjoy the sight of the wide canal just beyond your doorstep. Living here is akin to a permanent vacation, with the beauty of Cammans Pond nearby and the allure of the waterfront at your beck and call. This home is conveniently located near a variety of trendy restaurants, shops, and local transportation options with NYC just 45 minutes away by train, ensuring you're never far from the action. Beautiful beaches are just one exit away on the parkway, inviting you to enjoy the sun, surf, and sand whenever the mood strikes. In this vibrant community, there's always something exciting to do and new places to explore. 2884 Bay Drive is the perfect blend of peace and excitement. Discover the joy of waterfront living in a community that truly has it all ! Don't miss this wonderful opportunity to own this great residence!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,249,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $999,200 | $999,200 | $999,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.689% |
| Monthly Tax Payment | $1,745 | $1,745 | $1,745 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,518 | $5,911 | $8,231 |
| Total Monthly Payment | $7,388 | $7,781 | $10,101 |
* 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.