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Newly renovated waterfront home in Biltmore Shores featuring stunning end-of-canal views and 45 feet of bulkhead. Located in a quiet beach community in South Massapequa, this property offers beach access just down the road and is within close proximity to Massapequa Lake with scenic public trails. Optional membership to the Biltmore Shores Beach Club provides access to a marina, swimming pool, and private beach. Conveniently situated for an easy commute to Manhattan by train or car. Offering approximately 2, 576 square feet of living space, this home is far more expansive than it appears from the front. The interior features new hardwood flooring throughout, fresh sheetrock and paint, updated lighting, and a beautifully renovated bathroom with porcelain tile. Equipped with ACIQ ceiling HVAC units for year-round comfort. Additional highlights include a remote-controlled gas fireplace and washer and dryer units on both levels for added convenience. The spacious primary bedroom offers a full bathroom and large windows that provide abundant natural light along with serene canal views.
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Our Executive Mortgage Banker:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,427 | $1,427 | $1,427 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,301 | $5,756 | $7,972 |
| Total Monthly Payment | $6,853 | $7,308 | $9,524 |
* 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.