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5 Shore Drive, Old Field, NY, 11733 | $2,375,000
Shy 4 Acres! Flax Pond Prestige! A waterfront home that shines in every season - 110' of waterfront frontage - One irreplaceable Setting! A rare North-Shore waterfront opportunity, set back from the road and positioned on the most sought-after waterfront views of Flax Pond, Crane Neck and the LI Sound with beach access! After 45 years, the sellers are ready to pass on the title of this once-in-a-lifetime waterfront estate! The home, once a cabin hunting lodge in the 20's was purchased by Mr. Walcott, a Professor of Biology from SUNY Stony Brook in the 60's. A New England native, Mr. Walcott purposely instructed the architect to design a house to appear as an older Saltbox-style home which expanded gradually over many years; hence the multiple roof levels and somewhat irregular layout. While some internal modernization has been undertaken by the present owners, the original character of this house has been respected. The southern meadow, meanwhile, became partially forested and transformed into a scenic lawn, both home to local wildlife, while the northern lawn has reliably served as a front lawn, bird sanctuary, and a thorough and reliable protection against the sea. Bird watch, Kayak, commune with nature and enjoy the harmony of water and wilderness, experiencing the best of both worlds. A home so warm and welcoming. You'll love the sunsets over the water that take your breath away - no matter the season. . . .
Features
- Rooms: 8
- Bedrooms: 4
- Baths: 2 full / 1 half
- Laundry: In Basement
- Style: Other
- Year Built: 1975
- Garage: 2-car
- Heating: Baseboard, Oil
- Cooling: Central Air
- Basement: Full, Unfinished
- Approx Sq. Feet: 2,800
- Acreage: 3.94
- Est. Taxes: $40,877
- HOA Fee: $1,132 Annually
- Lot Desc: Back Yard, Front Yard, Level, Part Wooded, Private, Sprinklers In Front, Sprinklers In Rear, Views, Waterfront
- View: Panoramic, Water
- Water Front: Yes
- Elem. School: Setauket Elementary School
- Middle School: Paul J Gelinas Junior High School
- High School: Ward Melville Senior High School
- School District: Three Village
- Appliances: Dishwasher, Dryer, Gas Range, Microwave, Other, Stainless Steel Appliance(s), Washer
- MLS#: 960930
- Days on Market: 6 days
- Website: https://www.raveis.com
/eprop/960930/5shoredrive_oldfield_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5 Shore Drive, Old Field, NY, 11733
$2,375,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,900,000 | $1,900,000 | $1,900,000 |
| 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 | $3,406 | $3,406 | $3,406 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,492 | $11,391 | $15,778 |
| Total Monthly Payment | $14,023 | $14,922 | $19,309 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535