Welcome to this very attractive and spacious cottage! In this 55+ community, you can find a stunning ranch with three bedrooms and three full bathrooms. For $652 a month, including garbage disposal and snow removal, Glenwood is offering a 49-year land lease. This stunning open-concept, 1855 square foot Ritz-Craft home includes French doors that open to a 399 square foot, one-bedroom, full bathroom, and en suite addition, providing flexible living quarters for family and friends. Allowing for easy access and privacy, the addition has a separate front door entry. This sweeping ranch includes a large eat in kitchen with plenty of cabinets and counter space. There's also a sizable living/dining combo perfect for entertaining family and guests. Walking past the hallway you will enter a private and spacious master bedroom with an attached full bathroom with double vanity and a walk in closet. New England stone skirting with composite decking and stairs, as well as a brand-new concrete and stone driveway are among the exterior upgrades. Inside vaulted ceilings, newer appliances, updates baths, new furnace (2020) and CAC (2021), ceiling fans and hardwood flooring throughout. Located conveniently just couple minutes from the LIE and and Northwell Health Hospital. The Glenwood Village Community offers an in-ground heated pool, Gym, Clubhouse and weekly activities and much more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$439,000
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 | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | $438 | $438 | $438 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,396 | $2,334 | $0 |
Total Monthly Payment | $2,909 | $2,847 | $513 |
* 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.