Imagine the possibilities with this expanded brick Colonial, offered as-is, presenting an exceptional opportunity to create the home of your dreams. Set on a spacious lot with timeless curb appeal, this property features classic mid-century details including columned formal entry with stained glass accent window, guest closet, generously sized rooms, abundant closets & storage space. The enlarged eat-in kitchen offers GAS cooking, while updated windows bring in plenty of natural light. The home includes a finished lower-level playroom, stairs to a storage attic, 2-zone baseboard GAS heat, and separate GAS hot water heater. A deep driveway with a parking apron leads to an oversized garage with a workshop and additional storage. This prime 'Gables' neighborhood home is close to transportation, shopping, parks, and schools. Just minutes away from LIRR stations, bus routes, major parkways, bridges, beaches, top hospital and health facilities, as well as premier sporting and entertainment venues. Please note: this property is being sold in as-is condition, with no guarantees or warranties.
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Our Executive Mortgage Banker:
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$829,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,139 | $1,139 | $1,139 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,714 | $4,083 | $5,507 |
Total Monthly Payment | $4,945 | $5,314 | $6,738 |
* 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.