Welcome to 21 Elderwood Ln, Conveniently Located in the Country Village Section of Melville! This Expanded Split-level Home Offers Plenty of Living Space For Your Comfort And Convenience. Step Into The Welcoming Entry Leading To The Large Family Room With A Beautiful Wood Burning Fireplace to Warm Your Evenings. An Updated Powder Room and Home Office Space Completes This Level. The Second Level Features Your Updated Kitchen, Dining Room and Living Room With a 2nd Woodburning Fireplace Creating A Warm Atmosphere for Relaxing or Hosting. Level 3 Includes Three Spacious Bedrooms and Updated Family Bath. The Primary Suite is Situated On A Separate Level Offering Privacy With Sitting Room, Bath and Plenty of Closet Space Including A Walk In Cedar Closet. The Recently Updated Exterior Features a Front Porch and New Siding, Enhancing its Curb Appeal. The Beautiful Backyard Boasts a Heated Inground Gunite Pool Beautifully Landscaped With Patios Making it The Perfect Space For Leisurely Afternoons or Fun Entertainment. Gas Heat, Partial Basement, IG Sprinklers, New Cesspool and A Two Car Garage all Situated in the Half Hollow Hills SD, Signal Hill Elementary, West Hollow Middle School, High School East. This Beautiful Home Offers the Ideal Balance of Tranquility and Accessibility!, Additional information: Separate Hotwater Heater: Y
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Our Executive Mortgage Banker:
Our Insurance Division:
$929,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $743,200 | $743,200 | $743,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,200 | $1,200 | $1,200 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,396 | $4,759 | $6,322 |
Total Monthly Payment | $5,688 | $6,051 | $7,614 |
* 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.