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92 Wavecrest Street, Hempstead (Valley Stream), NY, 11581 | $1,048,888
Welcome to 92 Wavecrest Street in desirable Valley Stream NY, a unique scrupulously maintained multifamily suburban Nassau County haven ideally suited for a wide spectrum of candidate buyers ranging from multigenerational families seeking to repatriate within an elegant multi-unit serene metropolitan NY retreat or savvy investors pursuing multi-family investment opportunities with the rare and unparalleled Price-To-Rent Ratio under 12 well below the national average of 14. 89. A meticulously maintained capacious ~3000 sqft property, 92 Wavecrest Street boasts a total of 6 bedrooms and 3. 5 bathrooms which have undergone 4 major phases of recent transformations/upgrades with the final phase just completed in 2024. This enthralling classic two family residence combines a spacious lower dwelling consisting of 4 bedrooms, 2. 5 baths, dining room, living room and full eat-in kitchen with hardwood floors throughout with an upper dwelling consisting of 2 bedrooms, 1 bath, living room and full eat-in kitchen with hardwood floors throughout. In addition, the property offers buyers approximately ~9000 sqft of outdoor lushly landscaped private premises, newly renovated formal porch and an oversized driveway accommodating 6 or more cars. Further, Valley Streams's top ranking as one of the US best neighborhoods to live (NICHE Rated: A) with convenient access to LIRR, public transportation, restaurants, shopping, and highly rank NY schools (NICHE Rated: A-) makes this home a must see. . Pictures are Virtually Staged. Please Refer to the attachments for additional details on recent Upgrades.
Features
- Town: Hempstead
- Rooms: 14
- Bedrooms: 7
- Baths: 3 full / 1 half
- Units: 2
- Style: Colonial
- Year Built: 1928
- Heating: Natural Gas, Hot Water
- Cooling: Wall Unit(s)
- Basement: Unfinished
- Approx Sq. Feet: 2,917
- Acreage: 0.2
- Est. Taxes: $18,606
- Lot Desc: Near Public Transit
- View: Other
- Elem. School: William L Buck School
- Middle School: Valley Stream South High School
- High School: Valley Stream South High School
- School District: Valley Stream - 24
- MLS#: 3560276
- Days on Market: 93 days
- Website: https://www.raveis.com
/prop/3560276/92wavecreststreet_hempstead_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
92 Wavecrest Street, Hempstead (Valley Stream), NY, 11581
$1,048,888
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $839,110 | $839,110 | $839,110 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
| Monthly Tax Payment | $1,551 | $1,551 | $1,551 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,505 | $4,964 | $6,912 |
| Total Monthly Payment | $6,180 | $6,639 | $8,587 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535