Welcome to this magnificently maintained two-family home situated on a beautiful tree-lined street within the Village of Floral Park. The welcoming foyer leads to both apartments: Enter the first floor apartment into an inviting living room with a gas burning fireplace. The sunroom is a perfect location to enjoy your morning coffee or relax with a good book. Spacious updated kitchen with granite countertops and plenty of custom oak cabinets, full updated bathroom, large bedroom with a double closet, formal dining room which could be converted back to 4th bedroom. You will find warm solid oak floors through-out most of the house. The second level apartment has a full bathroom, new kitchen, living room, huge bedroom with a walk-in closet, 2nd large bedroom with an alcove perfect for an office or dressing area, staircase to full attic, full basement with laundry room and sink, utility room with 2 gas furnaces, 2 hot water heaters, 2 electrical panels, plenty of storage. The fenced-in backyard provides a perfect space for outdoor entertaining, 2 car garage, private driveway. All conveniently located close to town, shops, Long Island Railroad, schools, houses of worship, parkways and public transportation. Taxes have never been grieved.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $1,533 | $1,533 | $1,533 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,538 | $4,921 | $6,637 |
Total Monthly Payment | $6,163 | $6,546 | $8,262 |
* 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.