78 Eleanor Avenue, Mastic, NY, 11950 | $389,999
Opportunity for buyers seeking a renovation project with upside in the William Floyd School District. This 5-bedroom, 2-bath single-family home in Mastic offers approximately 2, 452 square feet of living space on a 0. 25-acre lot and is being sold as-is as part of a federal receivership sale. Built in 1985, the home features a flexible layout with possible mother-daughter potential with proper permits and a wide 6-car driveway. The property is currently configured with two oil tanks, two oil burners (one per floor), and two separate electric meters, providing a functional infrastructure for future reconfiguration. The lot is flat and usable, offering room for exterior improvements or changes based on buyer vision. With its size and layout, the property may support future multi-generational living or rental use subject to permits and approvals. Located approximately 2. 8 miles from the Mastic–Shirley train station, this property is best suited for investors or buyers prepared to renovate and add value. Utilities and structure are in place—this home is priced to reflect its condition and the work required.
Features
- Rooms: 7
- Bedrooms: 5
- Baths: 2 full
- Laundry: Electric Dryer Hookup, Washer Hookup
- Style: Hi Ranch
- Year Built: 1985
- Heating: Baseboard, Hot Water, Oil
- Cooling: None
- Approx Sq. Feet: 2,472
- Acreage: 0.25
- Est. Taxes: $8,402
- Lot Desc: Corner Lot
- Elem. School: Nathaniel Woodhull Elementary School
- Middle School: William Paca Middle School
- High School: William Floyd High School
- School District: William Floyd
- Appliances: Electric Oven, Refrigerator
- MLS#: 948281
- Days on Market: 6 days
- Website: https://www.raveis.com
/prop/948281/78eleanoravenue_mastic_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
78 Eleanor Avenue, Mastic, NY, 11950
$389,999
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $311,999 | $311,999 | $311,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $700 | $700 | $700 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,846 | $1,921 | $2,548 |
| Total Monthly Payment | $2,621 | $2,696 | $3,323 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535