48 W 3rd Street, Freeport, NY, 11520 | $849,000

Enjoy your summer in this stunning waterfront retreat offering the perfect blend of luxury, privacy, oversized waterfront property, and breathtaking panoramic views. Set on an exceptionally wide waterfront lot unlike any other, this beautifully remodeled 4-bedroom, 3 full bath home delivers the best of waterfront living without sacrificing yard space or a true park-like setting. Renovated in 2018, the home features maple hardwood floors, hi-hats throughout, an open-concept layout filled with natural light, a spacious living area with fireplace, and a beautifully updated kitchen with granite countertops, stainless steel appliances, and large center island, ideal for entertaining. Walls of windows showcase gorgeous water views throughout the home, while the upper deck offers sweeping panoramic sunset views in a true vacation-like setting. The oversized private backyard is perfect for entertaining, relaxing, boating, kayaking, or simply enjoying peaceful waterfront living. Additional highlights include a newer roof and 100-foot bulkhead completed in 2018 with an estimated 50+ year life expectancy, offering long-term peace of mind. Turnkey and close to all - now is the time to make this home yours!

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full
  • Style: Cape Cod, Exp Cape
  • Year Built: 1940
  • Garage: 2-car
  • Heating: Baseboard, Oil
  • Cooling: Ductless
  • Approx Sq. Feet: 1,918
  • Acreage: 0.23
  • Est. Taxes: $16,295
  • View: Water
  • Water Front: Yes
  • Elem. School: Leo F Giblyn School
  • Middle School: John W Dodd Middle School
  • High School: Freeport High School
  • School District: Freeport
  • Appliances: Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • MLS#: 1005588
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/1005588/48w3rdstreet_freeport_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.

Nora PorcelliSales Associate

860.906.2970

Nora.Porcelli@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.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@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

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@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

48 W 3rd Street, Freeport, NY, 11520

$849,000

Nora Porcelli

Sales Associate

William Raveis Real Estate

Phone: 860.906.2970

Nora.Porcelli@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.183%
Monthly Tax Payment $1,358 $1,358 $1,358
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,856 $4,127 $5,731
Total Monthly Payment $5,306 $5,577 $7,181

* 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.