1 Crab Avenue, Hempstead (Lynbrook), NY, 11563 | $825,000

Welcome to 1 crab Avenue, a beautiful renovated legal two-family home that is currently being used as a one family. This home features a 2br 1ba on the first floor and a 1br 1ba on the second floor. The first-floor unit features an updated eat in kitchen with a granite counter tops and SS appliances. The kitchen flows into a spacious living room with a gas fireplace and plenty of natural light. The second-floor unit has an eat in kitchen as well a spacious living room and a large bedroom with great closets. The basement has a OSE and is fully finished for all your needs. There is a utility room with plenty of storage space. This home also sits on an oversized property 42x173, the front and back porch are completely redone with new railings. The backyard has beautiful pavers and a large amount of space which is perfect for entertaining. There are two gas and electric meters, 200amp electric service and parking for at least 6 cars. 1 zone for oil radiator heat and 6 split units throughout the house for heat and AC. Don't miss out on this move in ready 2 family!

Features

  • Town: Hempstead
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Units: 2
  • Style: Cape Cod
  • Year Built: 1938
  • Garage: 1-car Detached
  • Heating: Oil, Heat Pump, Hot Water
  • Cooling: Ductless
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 0.15
  • Est. Taxes: $16,814
  • Lot Desc: Level, Near Public Transit, Private
  • View: Other
  • Elem. School: West End School
  • Middle School: Lynbrook North Middle School
  • High School: Lynbrook Senior High School
  • School District: Lynbrook
  • MLS#: 3566081
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/3566081/1crabavenue_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 Stonegate Real Estate   Phone: 516-740-2777

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888.699.8876

Contact@raveis.com

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Crab Avenue, Hempstead (Lynbrook), NY, 11563

$825,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,401 $1,401 $1,401
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,799 $4,172 $5,569
Total Monthly Payment $5,292 $5,665 $7,062

* 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.