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Waterfront Gem in the City Island – 722 King Ave. Discover a rare opportunity to own a single-family, fully detached waterfront home in City Island. Nestled along the water’s edge, this unique property boast stunning views and direct access to a peaceful, scenic setting right from your backyard. This residence offers sweeping water views, private deck extends toward the water, creating the perfect space for morning coffee, sunset gatherings, or simply taking in the calming atmosphere. Step inside to find a bright and inviting living room perfectly positioned to capture sweeping water views. The first floor bedroom and bathroom positioned off the living area with plenty of closets throughout the home. The Kitchen features a nice space with bar counter for the perfect morning coffee. One flight up you will find a loft style room that can be used for any purpose such office or sleeping area where you wake up to the beaming sunlight into the room or just enjoying the water scenery. In addition, you will find a full size bedroom, full bathroom with plenty of closet space. You will also enjoy a finished, three room basement for extra storage/ laundry area and a driveway. With its generous historic character, and exceptional location, this property presents incredible potential. Whether you are looking for a full-time residence or vacation retreat, this rare combination of suburban tranquility with convenient access to New York City. Main highlights are the oversize private waterfront deck with direct water access for jet ski, kayaking / for boating enthusiasts or anyone seeking a peaceful, maritime lifestyle. Contemporary finishes thoughtful and comfortable space but keeps the focus on relaxed waterfront living with endless potential for customization, renovation, or expansion. Residents can enjoy beaches, walking and biking trails, golf courses, and stunning views of the Long Island Sound, vibrant restaurants, marinas, and local shops that make City Island a sought-after destination. This is waterfront living at its best—don’t miss your chance to own a slice of tranquility in the City Island! Sell As Is. . . Home needs a little TLC.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
| 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 | $669 | $669 | $669 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,027 | $4,370 | $6,021 |
| Total Monthly Payment | $4,788 | $5,131 | $6,782 |
* 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.