A prime opportunity with exceptional potential - available for the first time in over 6 decades - two of the last remaining vacant waterfront lots in the Inc Village of Babylon and lovely Frederick Shores, a South Shore lifestyle community. Nearly 150' of frontage on the Great South Bay and approximately 90' of frontage on a canal, affording absolutely stunning panoramic water views out toward Robert Moses Causeway, Captree, Oak Island and the potential for sheltered boat docking. The Fred Shore Beach Club (dues) provides residents with a private beach, pavilion, playground & BBQing area, and a vibrant social calendar. This opportunity is for two lots adjacent lots together, subdivided from a singular lot (totaling 1/3 acre) upon which a single family residence once stood. Please refer to ML #3543879 (70' of bay frontage, lot size of .17 acre ) and ML #3543881 (75' of bay frontage plus ~90' of canal, lot size of .16 acre).
Property Details
Property Features
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (631) 549-4400
Interior Features
Interior Information:
Basement: No
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Canal, Waterfront
View: Water
Lot Features
Lot Information:
Lot: Cleared, Level
Lot Size: 0.33 Acres
Other
Directions Information:
Directions: Little East Neck to Grant to E Shore
Price Information
Listing Price Info
Price Summary:
List Price: $875,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Babylon, NY.
This property is $175K more than the Median Sold Price in Babylon, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY2
MLS Number: #L3543905
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (631) 549-4400
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/17/2024, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,435
Per Month
Principal & Interest
$4,368
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,690
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Harding Avenue School
2 Harding Ave
Distance between this listing and this school1.01 miles
Public District Grades KG-5
6
/10
South Bay School
160 Great East Neck Rd
Distance between this listing and this school1.27 miles
Public District Grades KG-5
5
/10
John F Kennedy School
175 Brookvale Ave
Distance between this listing and this school1.29 miles
Public District Grades KG-5
Nearby Schools
5
/10
Lindenhurst Middle School
350 S Wellwood Ave
Distance between this listing and this school1.88 miles
Public District Grades 6-8
6
/10
West Babylon Junior High School
200 Old Farmingdale Rd
Distance between this listing and this school2.47 miles
Public District Grades 6-8
8
/10
Beach Street Middle School
17 Beach St
Distance between this listing and this school2.55 miles
Public District Grades 6-8
Nearby Schools
6
/10
Babylon Junior-Senior High School
50 Railroad Ave
Distance between this listing and this school1.61 miles
Public District Grades 7-12
6
/10
West Babylon Senior High School
500 Great East Neck Rd
Distance between this listing and this school1.90 miles
Public District Grades 9-12
7
/10
Lindenhurst Senior High School
300 Charles St
Distance between this listing and this school2.22 miles
The neighbors living near this home have an average income of $119,388. The most common annual income of people living in Babylon, NY is between $100k-200k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 57-61 E Shore Dr
What is the listing price of this property?
The listing price of 57-61 E Shore Dr property is $875,000.
What type of property is this?
The property 57-61 E Shore Dr is land located in Babylon, New York, 11702.
Is this property for sale now?
Active Listing: 57-61 E Shore Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 57-61 E Shore Dr in Babylon, NY and zip code 11702 in the Town of Babylon neighborhood. This home sits on a 0.33 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $875,000.
In November 2024, from all listings sold in Babylon, NY there were more than 8 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Babylon, NY between October 2024 and November 2024 decreased by 11.3%. In November 2024 median list price was $700,000 and the average listing age was 28 days.
From Rocket Homes Real Estate and based on county public records data.