This charming renovated rear dormered Cape located in South Merrick boasts several desirable features and recent upgrades: New Flooring: The home has been upgraded with new flooring throughout, enhancing its aesthetic appeal and possibly improving durability and cleanliness. New Quartz Kitchen: A newly renovated kitchen features quartz countertops, providing both durability and elegance. Stainless steel appliances including a refrigerator and gas range offer modern functionality and style. Brand New Roof: A new roof has been installed, ensuring protection against the elements and potentially lowering maintenance costs in the near future. Versatile Living Spaces: The home offers either a formal dining room or a family room with a woodburning fireplace, providing flexibility in how the space is utilized and creating inviting areas for entertainment or relaxation. New Laundry Units: Newly installed laundry units add convenience and efficiency to daily chores. First Floor Guest Bedroom or Office: The first floor features a versatile space that can serve as either a guest bedroom or an office, accommodating various lifestyle needs. Multiple Full Baths: With a full bath on each level, the home offers convenience and functionality for all occupants. Inground Pool: The property includes an inground pool, offering a ready-made oasis for outdoor recreation and relaxation. Detached One Car Garage: A detached garage provides secure parking and additional storage space. Convenient Location: Situated close to Lakeside Elementary School, shopping facilities, Norman J. Levy Park & Preserve, and parkway access, the home offers easy access to amenities and recreational opportunities. Taxes: The represented taxes do not include the STAR rebate, potentially providing additional savings for the homeowner. Overall, this renovated Cape in South Merrick offers a blend of modern upgrades, convenient amenities, and a desirable location, making it an attractive option for potential buyers seeking a comfortable and well-appointed home.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$645,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $516,000 | $516,000 | $516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $1,186 | $1,186 | $1,186 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,347 | $3,390 | $4,320 |
Total Monthly Payment | $4,625 | $4,668 | $5,598 |
* 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.