50 Cedar Lane, Babylon, NY, 11702 | $2,375,000

Mediterranean Style home, beautifully situated on Carlls River. Two acres of waterfront with beach, ramp and bulkhead. Guest Cottage and garden shed with sliders patio and water view. (works for car collector storage too) Gracious home boasting beautiful botanical gardens and landscaping. Designer kitchen and bathrooms, custom cabinetry, and woodwork abounds. Hand painted Turret stairway to Juliet balcony overlooking living room, and 2 additional bedrooms, one with Balcony to Sunset views. Trees and gardens create idyllic setting. Inviting guest cottage with full bath and wrap around decks taking advantage of 203' waterfront with sandy beach. The potting shed can also be repurposed as car storage for the car collector, and kept as is for the avid gardener, boater or fisherman.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: In Hall, Laundry Room
  • Style: Mediterranean
  • Year Built: 1979
  • Garage: 2-car
  • Heating: Ducts, Hot Air, Natural Gas, Solar, Radiant Floor
  • Cooling: Central Air
  • Basement: None
  • Approx Sq. Feet: 2,742
  • Acreage: 2
  • Est. Taxes: $43,317
  • Lot Desc: Back Yard, Front Yard, Garden, Landscaped, Level, Part Wooded, Private, Secluded, Sprinklers In Front, Sprinklers In Rear, Views, Waterfront
  • View: Panoramic, River, Water
  • Water Front: Yes
  • Elem. School: Babylon Elementary School
  • Middle School: Babylon Junior-Senior High School
  • High School: Babylon Junior-Senior High School
  • School District: Babylon
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Indirect Water Heater
  • MLS#: 900582
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /eprop/900582/50cedarlane_babylon_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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.

Jerry Wachowicz - JW & GroupBroker Associate

239.777.0741

Jerry.Wachowicz@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@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

50 Cedar Lane, Babylon, NY, 11702

$2,375,000

Jerry Wachowicz - JW & Group

Broker Associate

William Raveis Real Estate

Phone: 239.777.0741

Jerry.Wachowicz@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

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** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $3,610 $3,610 $3,610
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,788 $11,699 $16,033
Total Monthly Payment $14,523 $15,434 $19,768

* 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.