72 Cornflower Lane is a charming, five bedroom colonial located in the award winning, BLUE RIBBON SCHOOL DISTRICT, of Commack and is in close proximity to both Northridge elementary school and Commack High school. Recent updates include 200 amp electrical system installed in 2016, a roof that was replaced in 2019, a septic system that was upgraded in 2020, a hot water heater installed in 2020 and newly-finished hardwood floors. The first floor features a formal dining room, an eat-in-kitchen, a spacious family room with a fireplace, formal living room with a wood burning stove and a laundry room. The second floor features five spacious bedrooms, one of which is a master suite with a walk-in closet. There is also a finished basement and an attached two-car garage. The home is situated on a shy, half-acre and has a stunning variety of colorful perennial flowers, tasteful shrubbery, and majestic evergreen-trees. An in-ground sprinkler system will ensure your lawn remains green and lush. These park like grounds provide a private and restful respite for quiet reflection, as well as ample room for entertainment and gatherings. Taxes DO NOT reflect a STAR exemption. , Additional information: Appearance: Excellent
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Our Executive Mortgage Banker:
Our Insurance Division:
$800,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $1,394 | $1,394 | $1,394 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,151 | $4,098 | $5,315 |
Total Monthly Payment | $5,637 | $5,584 | $6,801 |
* 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.