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Beautifully Maintained Two Story Colonial Home with 2, 129 Square Feet Located in the Fred Shores Neighborhood of Babylon Village with West Babylon Schools. This Welcoming Home Features a Formal Dining Room with Bay Window and Wood Floors, Living Room with Electric Stove and Wood Floors, Updated Eat-in-Kitchen with Stainless Steel Appliances, Luxury Vinyl Plank Flooring in Dining Area, Large Family Room with Wood Floor and Sliding Doors to Rear Deck, Den/Office with Wood Floors and Full Bath with Tub. Second Floor Features 4 Bedrooms, Stackable Washer/Dryer in Hallway, Full Bath with Shower and Large Linen Closet and Pull-Down Stairs to Attic Space with Plywood Floor and Plenty of Storage. Unfinished Basement with a 2nd Washer/Dryer and Oil Tank, Hot Water Heater and Boiler. The Detached Garage Features a Finished Bonus Room/Office with Updated Electric and Heat and AC could be added. Inground Sprinklers on Property, Solar Panels are Owned and Electric Bill is Approximately $1, 300/Year. Updated Electric Panel with 200 AMP Service for House and Another Panel for Garage. Gas is Available in the House. Babylon Village Amenities Include: Village Pool and Boat Slips. Taxes with Village Taxes of $1, 815 are $15, 869.
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Our Executive Mortgage Banker:
$895,000
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 | $716,000 | $716,000 | $716,000 |
| 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 | $1,323 | $1,323 | $1,323 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,954 | $4,293 | $5,946 |
| Total Monthly Payment | $5,368 | $5,707 | $7,360 |
* 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.