1 Terrace Circ, #2G, Old Westbury (Great Neck), NY, 11021 | $325,000

Absolutely Stunning, Fully Renovated, Rare-Find one bedroom and one bathroom unit in the best location in Great Neck Terrace! This home has tons of natural light, gleaming hardwood floors, crown molding throughout, recessed lighting, a king-sized bedroom, custom California Designed Closets, and a beautiful, updated bathroom. The updated kitchen comes complete with granite countertops, custom cabinetry, built-in wine rack and Stainless-Steel appliances. There is sleek baseboard heating throughout. Quiet corner location. Parking spot included. Laundry facilities and bike storage are conveniently located within the building. You have your choice of school zone between Great Neck South or North OPTIONAL school zone giving parents the flexibility of choosing for your needs. The school bus picks up and drops off INSIDE the community. This PET FRIENDLY Community offers an in ground OLYMPIC size swimming pool with sunbathing areas, Kiddie pool, large DOG RUN, basketball court, volleyball, playground. The super/management crew is ONSITE. For added safety the property features Roving Security Patrol. There is a fully equipped Community Room with kitchen for special occasions; Maintenance fee include Real Estate tax, heating, hot water, water, landscaping, pool pass for residents, and trash & snow removal; It is commuter friendly - less than 5 min walk to little neck LIRR (zone 3/cheaper fare) direct route to Penn station/Grand Central within 30 min train ride; n20G, Q12, QM3, and Q36 buses just 2 min away; 3 min walk to Great neck Lakeville branch library, H-mart, J-mart, gym, restaurants etc; This home is a part of Great Neck Park District, enjoy the many amenities that Parkwood Sports Complex offers, Parkwood Pool/Sports Complex, Steppingstone Park & Marina, Memorial Park & Tennis Courts, and more.

Features

  • Town: Old Westbury
  • Parking: 1-car, Assigned, Public Parking, On Street
  • Heating: Natural Gas, Hot Water
  • Cooling: Wall Unit(s)
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Great Neck Terrace
  • Year Built: 1949
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit, Private
  • View: Park/Greenbelt, Panoramic
  • Elem. School: Saddle Rock School
  • Middle School: Great Neck South Middle School
  • High School: Great Neck South High School
  • School District: Great Neck
  • Pool: In Ground
  • Pet Policy: Dogs OK, Cats OK
  • Appliances: Dishwasher, Oven
  • MLS#: 3574507
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /prop/3574507/1terracecirc_oldwestbury_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 Prime Realty   Phone: 718-229-2922

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

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

1 Terrace Circ, #2G, Old Westbury (Great Neck), NY, 11021

$325,000

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 $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,774 $1,728 $2,193
Total Monthly Payment $1,849 $1,803 $2,268

* 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.