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COMING SOON: Waterfront Expanded Ranch on a Freeport Canal! An incredible waterfront opportunity is hitting the market soon! Welcome to 603 Nassau Avenue, an exceptional property in the classic maritime community of Freeport, NY. This beautifully maintained 1. 5-story Expanded Ranch combines a highly versatile layout with rare municipal utility advantages across three functional levels of living space. Property Highlights Coming to Market: Versatile Layout: The main level features a sun-drenched, open layout with hardwood floors. The upper half-story hosts private bedrooms framed by classic dormer architecture. A fully finished basement provides a massive bonus level for a recreation room, home office, or gym. Waterfront Location: Boasts direct canal frontage right in the backyard, giving you beautiful water views and immediate access to the local waterways leading out to the open bay. Bring your vision to customize your dream waterfront oasis! Elite Utility Profile: Connected to 100% public water and public sewer, entirely eliminating private well or septic liabilities. Equipped with central forced-air heating. Built-in Savings: Powered by Freeport Electric, the village’s independent municipal power grid, offering electricity rates historically and substantially lower than regional providers. Located just minutes from Freeport’s famous Nautical Mile, fine waterfront dining, local parks, and the LIRR for an easy NYC commute. Stay tuned for photos and to schedule a private showing!
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Our Executive Mortgage Banker:
$619,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $495,200 | $495,200 | $495,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $748 | $748 | $748 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,966 | $3,127 | $4,079 |
| Total Monthly Payment | $3,806 | $3,967 | $4,919 |
* 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.