Welcome home to the Bay Park section of East Rockaway! Watch the sun rise and set overlooking Hewlett Bay! This raised split style home has an open concept including many new updates. Starting in the driveway, up the stairs and into this home you will find the living and dining room as well as updated kitchen. As you continue past the kitchen you will find 3 spacious bedrooms and a full bathroom. Walk back downstairs and you find a finished open area complete with a Landry room & full bathroom. This area has plenty of room for mom or extended guests. Continuing to the rear of the home you will find an enclosed patio to the outside entrance and into the backyard. Outside you will find a rear deck, detached garage and a private driveway. Upgrades include a new hot water heater, updated boiler, updated roof and solar panels and updated kitchen and hardwood floors. The raised space under this home includes a 1 car garage as well as ample storage. Bay Park residents have exclusive rights to many amenities including Boat slips, boat dock space ( first rights) Activities including lighted tennis and basketball courts as well as lighted multi purpose turf fields for baseball, football, lacrosse and soccer. Picnic area, pool, spray park and new playground for children. Dog run for large and small dogs. Golf course, putting green, community room and more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,999
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 | $479,999 | $479,999 | $479,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,023 | $1,023 | $1,023 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,116 |
Total Monthly Payment | $4,308 | $4,305 | $5,231 |
* 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.