Presented by
Team AFA - Darien |
618 Jennings Avenue, W. Hempstead (West Hempstead), NY, 11552 | $799,000
Welcome to 618 Jennings Avenue, West Hempstead. This well-maintained legal two-family home in Nassau County offers flexibility for both owner-occupants and those seeking rental income in a desirable neighborhood. The first-floor apartment features 1 bedroom and 1. 5 baths, is in excellent condition, and offers potential to be converted into a 2-bedroom layout. This unit is currently tenant-occupied on a month-to-month lease, with rent at $2, 300 per month, and the tenant pays all utilities, providing immediate income and flexibility. The second apartment, spanning the second and third floors, offers 2 bedrooms and 1. 5 baths and has been fully renovated, making it ideal for an owner-occupant or additional rental opportunity. The property is fully up to code, including a sprinkler system and fire escapes, and features a basement housing the mechanicals. Both units have separate gas and electric meters, allowing for straightforward management and utility billing. All appliances are included as gifts to the buyer. Conveniently located near local shops, schools, transportation, and major roadways, this home presents a rare opportunity to live in one unit while offsetting expenses with rental income, or to simply enjoy the flexibility of a legal two-family property in West Hempstead.
Features
- Town: W. Hempstead
- Bedrooms: 3
- Baths: 4 full
- Style: Colonial
- Year Built: 1925
- Garage: 2-car
- Heating: Baseboard
- Cooling: Electric
- Basement: Full
- Acreage: 0.11
- Est. Taxes: $12,795
- Lot Desc: Corner Lot
- Elem. School: Chestnut Street School
- School District: West Hempstead
- MLS#: 952615
- Days on Market: 26 days
- Website: https://www.raveis.com
/prop/952615/618jenningsavenue_whempstead_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Team AFA - DarienLuxury Properties Specialists
203.256.3264
Al@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12303
203.913.1633
Jorge.Rivera@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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Alex FerroInsurance Sales Director, William Raveis Insurance
203.610.1536
Alex.Ferro@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
618 Jennings Avenue, W. Hempstead (West Hempstead), NY, 11552
$799,000
Team AFA - Darien
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.256.3264
Al@Raveis.com
Jorge L Rivera
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.132% | 5.522% |
| Monthly Tax Payment | $1,066 | $1,066 | $1,066 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,579 | $3,828 | $5,138 |
| Total Monthly Payment | $4,737 | $4,986 | $6,296 |
* 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