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Babylon, NY, 11702 | $690,000
Attention boat lovers and water enthusiasts alike. Welcome to this ready to be built premier waterfront lot in Babylon. Located at the very end of the road, once in the driveway, it's like your own little island of serenity. The hard work has been done for you as the foundation has been built and the custom plans await (need final town approval for amended plans) so that you may enjoy the unbelievable majestic sunset vistas all year long. Just imagine a brand new home in a highly sought after community. With 200ft of bulkhead (all redone a few short years ago) and a protected boat slip as well. Get ready for your new adventure. A short boat ride to all that Fire Island has to offer with the beaches along with the wonderful restaurants, there is something for everyone. No worries for the non-boating water loving folks, as back on land there is so much to offer. Frederick shores community offers a private beach club (nominal fee) and a yacht club as well (fee) to meet wonderful members of the area. The fabulous Babylon Village is just a short distance with all its charm and great eateries and shops to explore. And if that isn't enough, the Town of Babylon offers endless summer concerts all free for residents at its many beaches and a waterpark as well. However, with a view like this and unbeatable sunsets every night, why leave? Don't let this jewel slip away, it's a rare one for sure.
Features
- Lot Desc: Waterfront
- View: Water
- Water Front: Yes
- Elem. School: JF Kennedy
- Middle School: West Babylon Junior High School
- High School: West Babylon Senior High School
- School District: West Babylon
- MLS#: 1000222
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/1000222/_babylon_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
Babylon, NY, 11702
$690,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $552,000 | $552,000 | $552,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,399 | $3,485 | $4,584 |
| Total Monthly Payment | $3,491 | $3,577 | $4,676 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535