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Nestled in the desirable Bayswater section of Far Rockaway, this classic Colonial residence offers an exceptional combination of space, flexibility, and functionality on an oversized 75 x 125 lot. Set back from the street, the home features a long private driveway accommodating 8–10 vehicles, in addition to a two-car garage—a rare and valuable amenity in the area. Inside, the first floor is thoughtfully designed for both everyday living and extended family needs. A spacious living room flows seamlessly into the formal dining area, creating an inviting atmosphere for gatherings and entertaining. The main level also includes a fully ADA-compliant bedroom with an en-suite bathroom, providing comfort and accessibility. An additional room on this floor offers flexibility as a potential fifth bedroom, home office, or den. There also consists of a sunroom off the kitchen (not shown in photos or floor plan) Upstairs, you’ll find three well-proportioned bedrooms and a full bathroom, along with a full finished walk-up attic, perfect for additional living space, a recreation room, or abundant storage. The full finished basement adds tremendous value, offering expansive open space with the potential to section off multiple bedrooms, create a media room, gym, or guest quarters—tailored to suit your needs. With its generous lot size, extensive parking, adaptable layout, and prime Bayswater location, this Colonial home presents a unique opportunity for comfortable multi-generational living or investment potential.
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Our Executive Mortgage Banker:
$829,999
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 | $663,999 | $663,999 | $663,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $585 | $585 | $585 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,770 | $4,088 | $5,603 |
| Total Monthly Payment | $4,447 | $4,765 | $6,280 |
* 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.