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!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$515,000
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 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.