The Best Impromptu Open House at Fisherman's Wharf in West Babylon

I'm always looking to see if other open houses are being held around my listings. When I see one I call my sellers to see if I can do one for their home so we can get the buyer traffic from the other open house. This time they weren't able to but that is ok since I have one scheduled in the very near future.

I receive a text message from my client stating we need more brochures since there is only 1 left. 1 left? There were six there last week. Did they use them to line the kitty litter box or something? Oh wait, they do not have a cat. Something is up for sure.

I call my client and he tells me the buyers that went to the other open house couldn't find it and went to my client's house instead. They were showing these other buyers their home and gave all of them the brochure and told them to contact me if they have any questions or if they want to come back to take another look. They also held this open house in their pajamas!

Gotta love it!

Open House at Fisherman's Wharf West Babylon - 172 Millard Avenue

Join me on Sunday, 3/3/13 for an open house at Fisherman's Wharf in West Babylon at unit# 172 from
1 p.m. to 3 p.m. hot chocolate and cookies will be served. See you there!

Directions to unit# 172 at Fisherman's Wharf in West Babylon

This 1 bedroom West Babylon coop for sale is new to the market and is located in Fisherman's Wharf. Spacious living room with hardwood floors that flow into the kitchen and dining room. Sliders from dining room lead to your very own private terrace. Large carpeted bedroom boasts a spacious closet. Full bath is updated with a glass enclosed tub. Close to mailboxes. Laundry room hosts 6 washers and 6 dryers.

Fisherman's Wharf West Babylon Coop Amenities:

• Clubhouse with pool table, tv and kitchen. You can rent the clubhouse for parties for a nominal fee. On-site gym, in-ground pool and basketball/tennis/bocce ball courts.
  
• 3 laundry rooms on the premises.

Fisherman's Wharf in West Babylon is now a gated community. No one can enter without a gate code and the owners have remotes to let themselves in. The Board has done a great job overall and are nice to deal with.

You do have to meet certain financial/Income criteria in order to get approved by the board: Minimum Down Payment 15%. Minimum Income Required For Board Approval $60,710 if getting mortgage. $49,672 for no mortgage. Maximum 3-To-1 Debt-To-Income ratio.

Also, children that live in Fisherman's Wharf attend the Babylon NY School District.

Call/text Jackie today (631) 703-0201 for more information about this well-loved and private 1 bedroom coop at Fisherman's Wharf in West Babylon!

Fisherman's Wharf West Babylon Coop for Sale - 172 Millard Avenue - $174,000

This 1 bedroom West Babylon coop for sale is new to the market and is located in Fisherman's Wharf. Spacious living room with hardwood floors that flow into the kitchen and dining room. Sliders from dining room lead to your very own private terrace. Large carpeted bedroom boasts a spacious closet. Full bath is updated with a glass enclosed tub. Close to mailboxes. Laundry room hosts 6 washers and 6 dryers.

Fisherman's Wharf West Babylon Coop Amenities:

• Clubhouse with pool table, tv and kitchen. You can rent the clubhouse for parties for a nominal fee. On-site gym, in-ground pool and basketball/tennis/bocce ball courts.
  
• 3 laundry rooms on the premises.

Fisherman's Wharf in West Babylon is now a gated community. No one can enter without a gate code and the owners have remotes to let themselves in. The Board has done a great job overall and are nice to deal with.

You do have to meet certain financial/Income criteria in order to get approved by the board: Minimum Down Payment 15%. Minimum Income Required For Board Approval $60,710 if getting mortgage. $49,672 for no mortgage. Maximum 3-To-1 Debt-To-Income ratio.

Also, children that live in Fisherman's Wharf attend the Babylon NY School District.

Call/text Jackie today (631) 703-0201 for more information about this well-loved and private 1 bedroom coop at Fisherman's Wharf in West Babylon!

Fisherman's Wharf Coops in West Babylon Sales History - 2012

Five coops sold in Fisherman's Wharf in West Babylon during 2010.
One sold during 2011 and seven sold during 2012. The chart below reflects the median sales price not the actual price each unit sold for.

Currently, most 1 bedroom coops in Fisherman's Wharf will sell in the $160's. Condition and location matter just like with single family homes.

West Babylon coops are great for first time home buyers who cannot afford a single family home and are an investment. You do have to meet certain financial/income requirements set forth by the board. You can read about that below.

About Fisherman's Wharf in West Babylon
Fisherman's Wharf has 144 units. There are upper units and lower units. No duplexes. The units that surround the lake are only 1 bedroom units. Throughout the rest of Fisherman's Wharf the units are either 1 or 2 bedrooms.

Fisherman's Wharf is also in the Babylon School District 1.

Amenities: In-ground pool with a pool-side grill, 1 tennis court, 1 half-court basketball, Shuffle board and bocce ball. Clubhouse with an exercise room and a meeting room upstairs. Shareholders can rent that room for a nominal fee for parties. The clubhouse is also accessible via an electronic pass card. There are laundry facilities on the premises. There is also 1 unregistered parking space per registered owner.

Fisherman's Wharf is managed by Total Community Management located in Bellmore, NY. With a co-op you get shares of stock and a proprietary lease. Each unit has a certain amount of shares. There is also a stock certificate that becomes the lien which is held by your bank who granted you your mortgage. If you pay cash for your unit, then you get the share certificate. Hold onto that because when you sell your unit, that has to be passed on to the new owner. If you lose it, then it will cost you around $200+ to replace it.

Fisherman's Wharf Maintenance Fees: Includes your share of property taxes, part of the underlying mortgage on the property, gas heat, water, waste removal, landscaping, snow removal, pool, tennis courts, clubhouse, parking, exterior repairs and some interior repairs like the electric and plumbing that are inside of the walls of your unit. The maintenance fees can be up to 65% deductible. Please consult with your tax professional regarding this.

You are allowed to sublet your unit upon board approval. You will be charged $1.25 per share sublet fee each year. Your tenant also has to meet the Board's financial requirements.

Fisherman's Wharf Income/Credit Requirements: If you are taking a mortgage, your Gross Income must be 5-1/2 times or more the maintenance fee. If paying all cash, then it's 4-1/2 times the maintenance fee. Your Debt To Income Ratio must be 3 to 1 or less. Before being approved by the Board, you must furnish me with your credit report, mortgage pre-approval letter, last years tax return and 2 weeks of pay-stubs. A minimum of 15% down is required by the Fisherman's Wharf Co-op Board.

Getting approved by the Fisherman's Wharf Board is the last step before going to closing. From the time your offer is accepted from the homeowner right through the interview with the Board, it will take 60 to 90 days to close. There are Board application fees as well. If you get declined by the Board, they have to furnish a reason why in writing within 45 days. This is THE LAW that was put into place two years ago in Suffolk County. Do not let anyone tell you otherwise.

Fishermans Wharf West Babylon Coops is now a Gated Community

Fishermans Wharf in West Babylon is now a gated community. The gates are being "tested" and as of January 28th, 2013 the front gate on Millard Avenue will be functional with the rear entrance gates up. On February 28th, 2013 both gated entrances will be fully operational.
 

View Fisherman's Wharf Co-Ops West Babylon in a larger map

Fishermans Wharf owners will have remote controls to keep in their cars and will be given visitor access cards. The visitor access cards are to be used for the main gate on Millard Avenue.

When searching for a coop in Fisherman's Wharf, you will have to search two ways on real estate websites. When you choose West Babylon and Coop, you can check the section for "gated community" and without gated community in order to get all of the coop listings. Some of the listings are still not marked as a gated community for Fishermans Wharf and some are. Fishermans Wharf in West Babylon has never been a gated community so it will take a while for people to realize it is now a gated community.

Search Fishermans Wharf Coops in West Babylon for Sale

Call Jackie today (631) 703-0201 and I can help you sell/buy your Fisherman's Wharf coop.

Amenities at Fishermans Wharf Coops in West Babylon 

Fishermans Wharf in West Babylon has many amenities to enjoy. And is the only West Babylon coop development that has amentities on-site.

Fishermans Wharf Coop Pool
The pool at Fishermans Wharf is open from Memorial Day until Labor Day weekend. A spacious in-ground pool you will certainly enjoy all summer long. They also have an "End of Summer" BBQ party every year.

Clubhouse
When living at Fishermans Wharf in West Babylon you will have a clubhouse entry pass. The clubhouse is on the 2nd floor and this is where residents will have casual meetings/gatherings and it is where the board will have meetings with the shareholders/owners once a year to keep everyone up to date. There is also a pool table for you to use. You can also have large parties at the clubhouse for a nominal fee. 

Gym
There is a gym located on the first floor below the clubhouse with treadmills and weight machines and free-weights. If that is all you need then why pay for an expensive gym membership?

Laundry Facilities

There are on-site laundry rooms at Fishermans Wharf coops. Each laundry room has enough washers and dryers that you shouldn't have to wait to do your laundry. You will also get a money card that you place into the machines instead of using coins and dollar bills.

Parking
There is plenty of parking on the West side and North side of Fishermans Wharf. The parking by the lake can be a little tight at times.

Call Jackie today (631) 703-0201 if you are interested in buying a coop at Fisherman's Wharf in West Babylon. 

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Fishermans Wharf West Babylon Coops are Getting a New Addition

By December 2012, Fishermans Wharf Coops in West Babylon will become a gated community.

Fishermans Wharf Coop residents are in the process of ordering remotes and visitor access passes for their friends and family. Fishermans Wharf residents will be able to remotely let their visitors in.

One of the benefits to living in a gated community is that random cars won't be able to enter the property without having a guest pass. Some ungated communities will have strange cars coming in and out frequently which makes the residents feel uncomfortable.

The other improvements that have been made to Fishermans Wharf Coops is the roadway project where the parking lots and roadway inside the development have been redone and all the sidewalks are new.

During the time I lived in Fishermans Wharf in West Babylon, the roofs, vinly siding, windows and decks were replaced. Fishermans Wharf has come a long way over the years and the board members are very diligent in getting things done and making the right decisions for the shareholders (owners).