Welcome to 7 Garden Place in Merrick! This beautifully updated 5-bedroom, 3-bathroom home, perfectly designed for comfortable family living and entertaining. Nestled on a generous 185-foot-deep lot, the expansive backyard offers endless possibilities for outdoor activities, gardening, and relaxation. Step inside to discover a spacious living room filled with natural light, creating a warm and inviting atmosphere. The renovated kitchen boasts modern finishes, sleek countertops, & ample storage, while the updated bathrooms showcase contemporary fixtures and style. The mostly finished basement provides additional living space, ideal for a home office, playroom, or media room. Central air ensures year-round comfort, and while the property is set up for gas, it is not currently connected to the house. This home offers the perfect blend of functionality and modern charm, ready for its next owner to make it their own. Don’t miss out on this incredible opportunity—schedule a viewing today!
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Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,999
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 | $679,999 | $679,999 | $679,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $1,135 | $1,135 | $1,135 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,601 |
Total Monthly Payment | $5,035 | $5,359 | $6,828 |
* 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.