309 Yale Street, Hempstead, NY, 11550 | $515,000

Welcome to this timeless 3-bedroom, 1-bathroom Colonial with endless potential! In a prime location, this home is perfectly situated near top destinations like Hofstra University, Nassau Community College, Eisenhower Park, and the Roosevelt Field Mall. If you're looking for a prime location to add to your rental property portfolio, this property offers an incredible opportunity for homeowners and savvy investors alike. Perfectly positioned just minutes from Hofstra University and Nassau Community College, this property offers easy access to educational institutions, shopping, highways and public transportation, making it a fantastic opportunity for anyone seeking convenience and value. Once inside you'll find a spacious living room and formal dining area-ideal for hosting gatherings or creating your cozy sanctuary. The roomy kitchen is ready for your updates, and the enclosed porch could be perfect as a reading nook or home office. Upstairs, three sunlit bedrooms provide ample space for rest and relaxation, while the full walk-up attic is a versatile space for storage or future expansion. The full basement with outside entrance opens up even more possibilities for a recreation room, home gym, or creative workshop. Outside, the private, fully fenced backyard is your personal oasis-imagine summer barbecues, a lush garden, or simply enjoying a peaceful evening under the stars. Say goodbye to parking hassles with a long private driveway and plenty of street parking available for your guests. This home already boasts a new roof, boiler, and water tank, saving you time and money on major updates. Bring your creativity and a little TLC to transform this property into your dream home or investment property while building equity. Don't miss out on this incredible opportunity!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Colonial
  • Year Built: 1928
  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)
  • Basement: Full, Walk-Out Access
  • Approx Sq. Feet: 1,284
  • Acreage: 0.08
  • Est. Taxes: $11,779
  • Lot Desc: Near Public Transit
  • Middle School: Alverta B Gray Schultz Middle Sch
  • High School: Hempstead High School
  • School District: Hempstead
  • MLS#: 3592402
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/3592402/309yalestreet_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 Keller Williams Legendary   Phone: 516-328-8600

William Raveis Family of Services

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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:

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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
  • 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

309 Yale Street, Hempstead, NY, 11550

$515,000

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 $412,000 $412,000 $412,000
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 $982 $982 $982
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,741 $2,738 $3,533
Total Monthly Payment $3,815 $3,812 $4,607

* 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.