Fisherman’s Wharf Co-Ops West Babylon Real Estate Market Report Month Ending 4/30/10

Robert Moses BridgeFisherman’s Wharf Co-Ops West Babylon Real Estate Market Report
Month Ending 4/30/10

Newly Listed In April: 1
Listing Price: $209,000
# of Bedrooms: 2
# of Baths: 1
Maintenance Fee: $1,058.20

Fisherman’s Wharf Co-Ops West Babylon Real Estate Market Report For The 1st Quarter 2010

Fishermans Wharf Co-ops West Babylon Real Estate Market Report For February 2010

Fishermans Wharf Co-Ops West Babylon – Closed Units For 2009

Search For Co-ops And Condos
About West Babylon

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

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Fisherman’s Wharf Co-Ops West Babylon Real Estate Market Report For The 1st Quarter 2010

Fisherman’s Wharf Co-Ops West Babylon Real Estate Market Report For The 1st Quarter 2010

Newly Listed Co-Ops – 3
Average Listing Price $204,897

Under Contract - 5
Average Listing Price $190,020
Original Listing Price $194,760
Average Days On The Market – 172

Sold Units – 3
Average Listing Price $176,333
Sold Price $166,667
% Difference 5.5
Average Days On The Market – 129

Sold Units For 1st Quarter 2009 – 3
Average Listing Price $171,633
Average Sold Price $157,333
% Difference 8.33
Average Days On The Market – 123

Compared to 2009, sold prices at Fisherman’s Wharf have gone up. Why? Co-ops are very affordable compared to condos and single family homes. They are perfect for the first time home buyer who cannot afford a single family home or a higher priced condo.

Fisherman’s Wharf Requirements:

In order to live at Fisherman’s Wharf, you have to be approved by the Board. That is the last step before going to closing.

Maximum 3 to 1 Debt-To-Income Ratio (33%)

15% down minimum (used to be 20%)

Income Requirement:
Taking a mortgage – $53,950.00
No Mortgage – $44,141.00

Fisherman’s Wharf has an in-ground pool and 2 tennis courts. A clubhouse by the pool and you can rent the space out for parties. There is also a lake located in the Southeast section of the development. There is also a workout gym.

Looking to buy a co-op at Fisherman’s Wharf? Call me (631-703-0201) and I will be more than happy to show you all of the units that are available.

Search For Co-ops And Condos
About West Babylon
View Larger MapJackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Fishermans Wharf Co-ops West Babylon Real Estate Market Report For February 2010

Fishermans Wharf Co-ops West Babylon Real Estate Market Report For February 2010

There were no newly listed co-ops and also no closed co-op units in Fisherman’s Wharf for February. Only Under Contract.

In order to live at Fisherman’s Wharf, you have to be approved by the Board. That is the last step before going to closing.

Fisherman’s Wharf Requirements:

Maximum 3 to 1 Debt-To-Income Ratio (33%)

15% down minimum (used to be 20%)

Income Requirement:
Taking a mortgage – $53,950.00
No Mortgage – $44,141.00

Under Contract 4
Average Listing Price $191,850
Original Price $194,350
Average Maintenance Fee $700
Average Days On The Market 165

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

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