1 Schoolhouse Way is an outstanding expansive ranch nestled on a mature, tree-lined street in the heart of Dix Hills, NY. The beautifully landscaped 1. 17 acre property that enhances the home's curb appeal. The interior's hardwood floors, generous moldings, high ceilings, and well-proportioned rooms offer ample space for relaxation and entertainment. A lovely country eat-in kitchen has a generous granite center island, stainless steel appliances, skylight and counter seating. The generous family room has high ceilings, architectural windows, brick accents, and a fireplace. There are four spacious bedrooms, each providing hardwood floors, roomy closets and considerable natural light. The winning ensuite bedroom includes peaked ceilings, Palladian architectural windows, engineered wood floors, gas fireplace, 2 walk-in closets and a lovely ensuite bathroom. An added bonus is the generous sun room with stone floors and multiple sliders for easy access to the yard and deck. The formal dining room has brick accents and large windows that overlook the front yard. The den too has wood floors and large windows overlooking the back deck. The basement is expansive and offers endless options. The home's outdoor space features a spacious deck with a built-in barbecue area. The park-like property is highlighted by a heated, mountain lake, in-ground, gunite pool, fabulous lounging area and bucolic grassy field for soccer, lacrosse, croquet and/or a play set. Located just minutes away from main venues, shopping centers, eateries, parks, and beaches, this home offers the perfect balance of convenience and tranquility. Experience the best of suburban living on Long Island!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
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 | $1,721 | $1,721 | $1,721 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,900 | $6,483 | $8,699 |
Total Monthly Payment | $7,746 | $8,329 | $10,545 |
* 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.