Calling all Investors, Flippers or Home Project Lovers, here is a Canvas for your Dream Home! Location, Location, Location, nestled on a Dead-end in the Westend of Floral Park Village. This 3 Bedroom/1 Bath house is situated on a 50x100 property with a private Backyard, a Two Car Garage with Stairs to a Storage Loft and Long Driveway. Featuring Entry Foyer, Front Sunroom, Living Room with Fireplace, Formal Dining Room, Kitchen Area (please note, there is not a Kitchen), Two Bedrooms and Full Bathroom on the First Floor. Second Floor has One Bedroom, Room and lots of Attic Storage space. Full Unfinished Basement with Utilities, Gas Heating and Lots of Storage. Floral Park Village amenities: Private Police; Private Sanitation; Award Winning Library; Recreation Center with Olympic Size Pool/Pickleball/Tennis/Volleyball/Basketball Courts/Baseball Fields/Tiny Tot Park. Easy Access to LIRR 5 blocks away with a 35-minute commute to Penn Station or the new Grand Central Terminal, Shopping, Restaurants, Highways, School District #22 FPBS. Selling "As Is". Don't miss out on this Potential to build a Dream Home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $1,272 | $1,272 | $1,272 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,890 | $3,711 |
Total Monthly Payment | $4,291 | $4,254 | $5,075 |
* 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.