161 Ray Street, Hempstead (Freeport), NY, 11520 | $849,000

EXTRAORDINARY! NOTE!! Category 3 Hurricane Milton Hit Florida. . . THIS HOME IS "HURRICANE GRADED" WITH "HURRICANE STRAPS" to Withstand A CATEGORY 3 Hurricane!! YOU WILL NOT FIND A BETTER DEAL! RE-INTRODUCING A NEW OPEN FLOOR PLAN! JUST IN TIME TO MOVE IN FOR THE HOLIDAYS AND BEFORE END OF YEAR FOR TAX PURPOSES! Contractor Finished Removing Walls to Living/Dining Rooms! Just In Time for You To CHOOSE YOUR CABINETS AND COUNTERS! HGTV-Style Open Concept w/Vaulted Ceiling, and Exposed Beams and Designer Lighting make this Quite the Showplace! Imagine Entertaining Friends and Family Here w/Starlight and Moonlight Glistening on the Water! PRIZE WATERFRONT Property! WOW! Compare to other Freeport Homes, You Save $300, 000 because this home Already has a NEW BULKHEAD, and has ALREADY BEEN RAISED for You! Like buying this home for $549K! LOWEST FLOOD INS IN FREEPORT! BEYOND FEMA Compliant! FlOOD INS is Transferable to New Owner in Writing $42 per Month!! (Other Homes require Flood Insurance upwards of $5, 000 per year. ) All Expensive Ticket Items Already Done For You! Move in and Relax! Seller also Owns WATERFRONT 75'x50' Property, Also w/NEW BULKHEAD, Adjacent to Backyard, and Already has a Separate Address at: 120 Sportsmans Ave! This May Also Be Available for future purchase to the HomeBuyer! Possible for New Construction as Investment, or for Extended Family, that you can keep your eye on, conveniently located right next-door! This land could also simply offer added open views, even more dock space, or Enviable Entertaining Space for IG Pool and Cabana! StayCation Home! Outside Entrance w/Balcony Deck for Easy Home Office or Possible Room for Extended Family/Separate Guest Quarters with income potential! Meticulously maintained! All Brand New Raised Panel Doors! Sold As-Is and Ready Now for Your Family to Move Right In! Perfect, Newer, Gleaming Hardwood Floors! New and Updated Baths and Kitchen. Most Newer Andersen Windows! New Single-Layer Roof, Skylights, Insulation and Siding! Acrylic Skimcoat Foundation w/Smooth, Polished Look! Save Money in this ENERGY-EFFICIENT HOME Featuring the Acclaimed Tankless Hot Coil "NAVIEN" GAS HEAT & Constant HOT WATER SYSTEM! Space-Saving w/No Gas Burner & No Separate HW Heater! It's Like the Size of a Dehumidifier on the Wall! Our Own Renowned FREEPORT ELECTRIC, compared to Con Edison and PSEG Long Island, ONLY ballpark 38 CENTS on the DOLLAR! Open and Airy with lots of Natural Light! Rare Find w/So Many Possibilities! Beautiful, Deep and Wide Canal w/Very Close Access to Open Bay! Only 4-5 Blocks to the Famous NAUTICAL MILE, w/New and Renowned Restaurants on the Water, Shoppes & NightLife! No need to Uber! JetSki Rentals, Fishing & Party Boats/ Whale and Seal Watching! /Christmas Holiday Boat Parade! Canoe Races! Randall Park w/POOLS & Sports Under the Lights and Elementary School Just Around the Block! Freeport Rec Center with 5 Pools, Indoor Pool and Outdoor Olympic Pool, Steam Room, Sauna, Ice Rink, Tennis, Pickle Ball, Basketball, Huge Gym!! Freeport PAL/Boxing! No Need to Drive w/Shopping & Restaurant Conveniences of Hardware store, Stationary store, Carvel, Bagels, Pizza & More! Brand New Starbucks Coming Summer 2024! Convenient to Roosevelt Field, Merrick, Bellmore, Rockville Ctr Restaurants and Shoppes, Long Beach Boardwalk/Restaurants, Ocean Parkway's Beach Restaurants w/Outdoor Music! Fireworks/Festivals/ Community Events! Award-Winning Freeport SD and School Sports! Close to Sunrise Hwy, LIRR w/30 minute Express Train to Manhattan & Brooklyn! Right Off Meadowbrook Pkwy to Roosevelt Field Mall and Business Districts. Pass One Exit to Jones Beach/ Ocean Pkwy/Jones Beach Theatre Concerts! Live beneath Freeport's Famous Pastel and Fiery Skies and Magical Twilights. "Nautical Dusk" and "Blue Hours. " Sunrise & Sunset will take your breath away! *Outstanding Mayor, Village, Welcoming Community, Freeport Village Hall, Chamber of Commerce, Distinguished Freeport Police and Fire Departments

Features

  • Town: Hempstead
  • Amenities: Park
  • Rooms: 11
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Hi Ranch, Ranch
  • Year Built: 1972
  • Heating: Natural Gas, Hot Water
  • Cooling: Wall Unit(s)
  • Basement: Walk-Out Access
  • Approx Sq. Feet: 2,000
  • Est. Taxes: $13,984
  • Lot Desc: Near Public Transit, Near School, Near Shops, Corner Lot, Level
  • View: Other, Panoramic, Open
  • Water Front: Yes
  • Elem. School: Leo F Giblyn School
  • Middle School: John W Dodd Middle School
  • High School: Freeport High School
  • School District: Freeport
  • Appliances: Tankless Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Washer
  • MLS#: 3549349
  • Days on Market: 187 days
  • Website: https://www.raveis.com
    /prop/3549349/161raystreet_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 CHARLES RUTENBERG REALTY INC   Phone: 516-575-7500

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

161 Ray Street, Hempstead (Freeport), NY, 11520

$849,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.893% 6.723% 6.284%
Monthly Tax Payment $1,165 $1,165 $1,165
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,018 $4,349 $5,777
Total Monthly Payment $5,275 $5,606 $7,034

* 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.