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Exceptional Value Opportunity for a beautifully renovated home nestled in the heart of South Merrick! This home offers the same location and lifestyle as nearby $1. 1M+ properties without the premium price. For the right buyer, this represents a unique opportunity to secure a beautiful home in a great location at a price point rarely seen for comparable properties. The home has seen strong interest and multiple accepted offers and is available due to various buyer-related circumstances having nothing to do with the house, presenting a renewed opportunity for a new buyer to move forward with confidence. This 5-Bedroom, 3-Bathroom Split Level home showcases nearly 3, 000 square feet of living space. The open-concept layout creates a bright and inviting atmosphere which is perfect for both everyday living and entertaining. At the heart of the home is the stunning Gourmet Kitchen featuring White Shaker Cabinetry adorned by Chic Modern Gold Hardware, Quartz Countertops, Marble Backsplash and Premium Stainless Steel Appliances. Walnut colored Hardwood Floors give this home a classic look that seamlessly balances elegance with warmth. A true entertainer's paradise, this home provides a seamless transition from indoor luxury and outdoor splendor. Step through the sliding doors from the Dining Room to your private backyard oasis where you can relax on the sprawling outdoor deck or gather around the outdoor kitchen to grill your favorite meal. Designed with flexibility in mind, the ground floor level offers a large bedroom, full bathroom, and additional living space which is ideal for multi-generational living, guests, or a private home office. For buyers who do not require a fifth bedroom, there is potential to open the wall and create an expansive family room just steps from the main living area, enhancing both flow and functionality. The Primary En-Suite is a true tranquil retreat offering a walk-in closet, sitting area and en-suite full bathroom with radiant heat flooring. Additional features include: 5 Bedrooms, 3 Full Bathrooms, Family Room, New Air Conditioning, Wine Refrigerator, Pot Filler, Smart Home Technology, Alexa Ready Smart Home Lighting, 2 Zone Heating, In-Ground Sprinklers and 200 AMP Electric. Close proximity to all Major Parkways, Restaurants, Shopping, Parks, Beaches, LIRR. If you’ve been waiting for the right opportunity, this may be it. Your Dream Home awaits you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,611 | $1,611 | $1,611 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,445 | $4,902 | $6,864 |
| Total Monthly Payment | $6,181 | $6,638 | $8,600 |
* 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.