19 Spoke Lane, Hempstead (Levittown), NY, 11756 | $665,000

Exceptional Investment Opportunity: Stunning 3-4-Bedroom, 2 Bath, Expanded, 2 story ranch with absolute dream tenants on the main level. Introducing a one-in-a-million, well-appointed gem of a property for the smart and savvy investor: a beautiful 4-bedroom, 2-bathroom rear-dormer Levitt ranch, complete with three separate outside entrances, will prove ideal for the "buy, hold & build wealth" strategy. This exceptional Mother-Daughter home, with proper permits, boasts a wide-spacious, 4-car-black-top driveway, a forty feet-deep front-to-back vaulted ceiling, one-car attached garage with a conveniently located interior entrance leading directly into the kitchen area, as well as meticulously maintained, fully fenced side and rear yards. Enjoy the wide-open cement patio and an oversized, plush back yard lawn that could make even the grounds crew at Yankee Stadium or Citi-field envious. Several large, concrete breezeways, a large steel gable-roof storage shed, along with a tranquil koi-pond & waterfall feature provide endless opportunities for celebrations, relaxation, as well as year-round security, safety & privacy. The versatile layout and uniquely favorable "on or off-site landlord/owner" scenario make this well-maintained property perfect for independent-multi-level living as well as generating steady & robust passive income(s). Imagine the possibilities with this flexible space! The cherry on top? This property comes with incredibly tidy, mature, respectful and always punctual, main-level tenants who have maintained a flawless rental history for 21 years - never a day late - not even once! The stone's throw convenience, proximity and connectivity to all major roads, parkways, restaurants, shops, parks, and all of the school buildings within the award-winning school district make this a truly unbeatable and highly sought-after location. Don't miss out on this very rare, winning opportunity to begin or expand your rental property portfolio - all with guaranteed peace of mind. Schedule a viewing today and secure your future with this outstanding turn-key / turn-profit investment! Additional amenities & upgrades include a smart-neat laundry out-cove on the first floor, beautiful, high-end, commercial grade laminate flooring & ceramic tiles throughout, 200 amp upgraded electrical circuit breaker box and main, high-hat lighting, ceiling fans, above ground oil tank, newer burner and motor. Centrally located in one of the most desirable sections of the super popular, ever booming hamlet of Levittown. Low taxes. Truly a must calculate & consider for all income-producing portfolio investors!

Features

  • Town: Hempstead
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Two Story
  • Year Built: 1948
  • Garage: 3-car Attached
  • Heating: Oil, Hot Water, ENERGY STAR Qualified Equipment
  • Cooling: Wall Unit(s), Window Unit(s)
  • Basement: None
  • Acreage: 0.14
  • Est. Taxes: $11,484
  • Lot Desc: Level, Near Public Transit, Private
  • Elem. School: Abbey Lane School
  • Middle School: Jonas E Salk Middle School
  • High School: Gen Douglas Macarthur Senior Hs
  • School District: Levittown
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • MLS#: 3574574
  • Days on Market: 47 days
  • Website: https://www.raveis.com
    /prop/3574574/19spokelane_hempstead_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of HomeSmart Premier Living Rlty   Phone: 631-629-3630

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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
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19 Spoke Lane, Hempstead (Levittown), NY, 11756

$665,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $532,000 $532,000 $532,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $957 $957 $957
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,539 $3,536 $4,561
Total Monthly Payment $4,588 $4,585 $5,610

* 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.