Located within 2 minutes of Southern State Parkway and 5 minutes to the LIRR, this home has easy access to all transportation, shopping, schools and parks. The home sits on a 70 x 100 lot within School District 22 - Farmingdale Schools. There are a total of 6 large bedrooms, 2 full bathrooms and one 1/2 bathroom. Full basement (1/2 finished) and full attic. FIRST FLOOR: 3 bedrooms, one full bath, one half bath, Kitchen, Dining Room and Living Room. SECOND FLOOR: Oversized Primary Bedroom with Ensuite Bath, 2 additional oversized bedrooms with walk in closets, and two additional large walk in storage closets. Roof was replaced in 2024 along with a new 200A Electric Panel. The backyard boasts a large grass area with a new paver patio in 2024. Oil heating system with oil tank in basement. PROPERTY TAXES $10, 077 BEFORE STAR EXEMPTION. This home is perfect for many different situations: an expanding family, a large family, a family with elderly parents, and/or a family that works from home. You can keep the existing floor-plan, or take advantage of the oversized beams in between levels and create a first floor open floor-plan. Including the basement, there is 3500 square feet of living space to enjoy! The beautiful Massapequa Nature Preserve is located within a 5 minute walk, and the beaches are a 20 minute drive and NYC is a short 50 minute train ride. Massapequa Park boasts numerous bars, restaurants and shops as does the Village of Farmingdale, both a short 5 minute drive. This was a great home to raise a family and will continue to be for the next owners!
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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 | $671,200 | $671,200 | $671,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $840 | $840 | $840 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,811 | $4,187 | $5,619 |
Total Monthly Payment | $4,743 | $5,119 | $6,551 |
* 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.