Welcome to 60 Kime Avenue, North Babylon, NY. This expanded cape-style home is a diamond in the rough nestled in a vibrant community. The property is currently set up with 2 bedrooms, 1 full bath on the main floor and a 2 room apartment with full bath upstairs. It can be reverted into a 4 bedroom house if desired by the new owner. The home's features are designed to cater to modern living. Elegant wood floors are installed under the current carpet allowing for flexibility of the new owner. The home has gas kitchen appliances promising efficiency and convenience for your culinary adventures. The heart of this home is undoubtedly the large eat-in kitchen. This space is perfect for family gatherings or entertaining guests, providing a benefit of shared moments over good food and conversation. The large rear deck is an ideal spot to enjoy your morning coffee or unwind after a long day. The property also features a large, deep yard, fenced for privacy. This outdoor space offers endless possibilities for landscaping, gardening, or simply enjoying the fresh air. The home includes a one-car garage, offering the advantage of secure and convenient parking and storage. The home features a partially finished basement with a cedar closet. Located close to the Southern State Parkway and the Babylon LIRR station, makes this property ideal for those that commute. Nearby shopping centers offer the convenience of having retail, dining, and entertainment options within easy reach. North Babylon is a welcoming community known for its friendly residents and local amenities, making it a great place to call home. Property sold as is.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,999
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 | $439,999 | $439,999 | $439,999 |
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 | $783 | $783 | $783 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,773 |
Total Monthly Payment | $3,802 | $3,799 | $4,648 |
* 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.