Prepare to be captivated by this extraordinary 5-bedroom masterpiece in the heart of Hempstead—where luxury, comfort, and investment potential come together in perfect harmony. This home isn’t just a place to live; it’s a lifestyle waiting to unfold. Meticulously updated at every turn, this home boasts new piping throughout and 3 energy-efficient heating zones to maximize comfort and savings. Step inside and be immediately swept away by the soaring cathedral ceilings and open, airy living spaces. The heart of the home features a stunning fireplace that sets the tone for cozy nights and unforgettable gatherings. The private balcony and sunroom offer a tranquil escape, while the huge deck—complete with an outdoor wet bar and built-in BBQ—creates the perfect setting for summer parties or intimate evenings. Your oasis is complemented by a 7-zone sprinkler system, ensuring a lush and vibrant landscape year-round. Retreat to the luxurious master bathroom, where the jacuzzi with air jets promises deep relaxation and indulgence after a long day. The home also features a home gym, a spacious laundry area, and an outside entrance to the basement—providing ultimate convenience and flexibility for modern living. Every corner of this home has been designed with care, updated with the highest standards of craftsmanship, and preserved in pristine, luxury condition. This is more than just a home—it’s an opportunity to live in a space that reflects your success, with unparalleled potential to grow, invest, and thrive. Whether you seek an elegant family home, a high-yield rental, or a dream Airbnb, Imagine the endless possibilities with multi-family zoning that offers the flexibility to create separate living spaces or transform it into a high-demand Airbnb—an ideal investment opportunity in one of the most sought-after locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $697 | $697 | $697 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,201 | $5,630 | $7,479 |
Total Monthly Payment | $6,023 | $6,452 | $8,301 |
* 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.