35 High Pl, Hempstead (Freeport), NY, 11520 | $449,000

This property is a spacious colonial-style home featuring 4 bedrooms and 2. 5 bathrooms. While it offers tremendous potential, it currently requires extensive repairs. The home is being sold "as is, " meaning the buyer will need to address the necessary renovations. Given the extent of the work required, special financing for rehabilitation may be needed to bring the home up to modern standards. Despite the repairs, the home's large size and colonial design make it an attractive opportunity for those willing to invest in its restoration.

Features

  • Town: Hempstead
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Colonial
  • Year Built: 1936
  • Garage: 1-car Attached
  • Heating: Oil, Hot Water
  • Cooling: None
  • Basement: Full, Unfinished
  • Acreage: 0.11
  • Est. Taxes: $11,095
  • Elem. School: Ulysses Byas Elementary School
  • Middle School: Roosevelt Middle School
  • High School: Roosevelt High School
  • School District: Roosevelt
  • MLS#: 3571616
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /prop/3571616/35highpl_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 NextHome OrangeDot   Phone: 631-314-4880

William Raveis Family of Services

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Customer Service

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
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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

35 High Pl, Hempstead (Freeport), NY, 11520

$449,000

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 $359,200 $359,200 $359,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.563% 7.159% 6.276%
Monthly Tax Payment $925 $925 $925
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,390 $2,387 $3,029
Total Monthly Payment $3,390 $3,387 $4,029

* 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.