6471 Old Northern Boulevard, Oyster Bay (East Norwich), NY, 11732 | $1,288,000

Prime 1-acre flat handyman's special home, nestled in the heart of East Norwich off of 25A, located in the prestigious Oyster Bay School District. This exceptional property offers immense value, perfect for those looking to build their dream home or invest in a highly sought-after location. Surrounded by charming shops and delightful restaurants, convenience is at your doorstep. The land's unique location provides the ideal blend of suburban tranquility and urban accessibility, making it an excellent choice to live. This is a rare opportunity to secure a flat one-acre lot in a vibrant area, with easy access to all the amenities that Oyster Bay has to offer being just 10 minutes from the Long Island Expressway, and 10 minutes from Oyster Bay Town. Whether you're envisioning a spacious home renovation or a lucrative build and development project this home is the perfect canvas for your aspirations.

Features

  • Town: Oyster Bay
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Cape Cod
  • Year Built: 1951
  • Garage: 2-car Attached
  • Heating: Oil, Other
  • Cooling: Wall Unit(s)
  • Basement: Full
  • Acreage: 1
  • Est. Taxes: $14,241
  • Lot Desc: Level
  • Middle School: Oyster Bay High School
  • High School: Oyster Bay High School
  • School District: Oyster Bay
  • MLS#: 3566950
  • Days on Market: 122 days
  • Website: https://www.raveis.com
    /eprop/3566950/6471oldnorthernboulevard_oysterbay_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 BERKSHIRE HATHAWAY   Phone: 516-741-3070

William Raveis Family of Services

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.

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:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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

6471 Old Northern Boulevard, Oyster Bay (East Norwich), NY, 11732

$1,288,000

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 $1,030,400 $1,030,400 $1,030,400
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 $1,187 $1,187 $1,187
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,851 $6,428 $8,626
Total Monthly Payment $7,163 $7,740 $9,938

* 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.