PRICE IMPROVEMENT!!! NEWLY COMPLETED COLONIAL MASTERPIECE: featuring 4 bedrooms, 2 full bathrooms and powder room that seamlessly blend elegance and functionality. The first floor welcomes you with an open-concept layout that gracefully transitions from a large living room into the sun-drenched kitchen and dining area, leading to an expansive yard, ideal for entertaining. The kitchen is a gourmet's dream, showcasing a wide-open design, a sizable center island with a dedicated sink, and beautiful stainless steel appliances. The oversized en-suite master bedroom, graced with vaulted ceilings, offers beautiful views of the manicured backyard, park, and a picturesque tree-lined street. Three additional large bedrooms, a full bathroom provide ample living space, while beautifully crafted moldings and intricate details throughout add a touch of refinement to every corner. This remarkable property boasts a generously sized private backyard, spacious driveway, and dedicated garage, creating an outdoor haven that's perfect for entertaining. Energy efficiency takes center stage, with spray foam insulation throughout, a high-efficiency hot water heater, heat pump central HVAC, digital thermostats, and water-saving fixtures, ensuring year-round comfort and cost efficiency. Last but not least features large Electric panels that will allow EV's, power walls, and solar installation if desired, gas cooking and outdoor BBQ connections, as well as a FULL Basement. Situated in the highly sought-after Merrick School District, this property offers unparalleled convenience, with amenities like the Norman J. Levy Preserve, stores, and a playground just steps away. This is a rare opportunity to own a stunning, energy-efficient home in an unbeatable location. Act swiftly, as this property is sure to be in high demand!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,799
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 | $799,839 | $799,839 | $799,839 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,158 | $1,158 | $1,158 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,541 | $4,990 | $6,696 |
Total Monthly Payment | $5,791 | $6,240 | $7,946 |
* 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.