Bring your designer touch to this wonderfully built home, owned and loved by the same family since its construction in 1927. In 1990, the home was expanded to accommodate the owners' needs, nearly doubling the square footage. The covered front porch welcomes you in to the living/dining area with its original hardwood floors. As you make your way past the large eat-in kitchen (EIK), you'll find a full bath and laundry room. The sun-drenched expanded family room is truly the highlight, offering a spacious and comfortable area where you can gather, entertain, relax, and create lasting memories. A first-floor bedroom/office adds to the convenience of the layout. The second-floor expansion in the 1990s added square footage, a full bath, and doubled the primary bedroom space with two walk-in closets. Also on the second floor are three additional bedrooms and access to a pull-down attic, providing ample room and storage. The full unfinished basement houses a natural two-zone gas heater, a new gas hot water heater, an updated 220V electrical panel, and an exterior entrance to the rear yard. The large barn-style two-car detached garage with a walk-up storage loft and an oversized driveway is the icing on the cake for this well-built home. The home is perfectly located for quick access to highways, LIRR, bus stops, five-star restaurants, schools, parks, private beaches, and golf courses-all for the enjoyment of Glen Cove community homeowners. The appliances are not included in the sale, which is reflected in the pricing. Let this be where your story begins, just as it was for the family who has lived here for nearly 100 years!, Additional information: Appearance: Excellent, Separate Hotwater Heater: yes
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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 | $479,200 | $479,200 | $479,200 |
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% | 6.802% | 5.990% |
Monthly Tax Payment | $938 | $938 | $938 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,108 | $3,068 | $3,979 |
Total Monthly Payment | $4,138 | $4,098 | $5,009 |
* 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.