Presented by
Annie Franzen |
Welcome to 22 Fairview Blvd in Hempstead! This is a rare opportunity to own a LEGAL 3-family Tudor just minutes from Hofstra University, the LIRR, and major highways, making it ideal for investors, house hackers, and multi-generational living alike! With three spacious units and classic architectural charm, this property offers both income potential and long-term flexibility. With two 3 bed/1 bath units (1st and 2nd floor) and a 2 bed/1 bath unit (3rd floor), hardwood floors, gas cooking/heat, a full basement with a common laundry area, an additional full bathroom and wet bar, the possibilities are endless! A detached 3-car garage provides additional income opportunity or valuable storage. For Investors: Strong rental demand driven by proximity to Hofstra University and the Hempstead LIRR station. Three legal units create diversified income streams in a commuter-friendly location! For House Hackers: Live in one spacious 3-bedroom unit while the other two units offset your mortgage. A rare opportunity to build equity while dramatically reducing your monthly living costs! For Multi-Generational Living: Keep everyone close while maintaining privacy. Separate units allow for independence, shared expenses, and long-term flexibility — all under one roof. Legal multi-families in prime Hempstead locations do not come available often. Whether you’re building wealth, offsetting your housing costs, or creating space for extended family, this property delivers options! Boiler - 2022, HWH - 2017, New Garage Doors - 2024, 150 Amp Panel! Don't miss this prime opportunity! *Photos have been digitally enhanced to remove snow*
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$829,000
Sales Associate
William Raveis Real Estate
Phone: 203.581.3168
Annie.Franzen@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.521.7207
Christine.Preston@raveis.com
NMLS Mortgage Loan Originator ID 90874
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $663,200 | $663,200 | $663,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,895 | $1,895 | $1,895 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,662 | $3,976 | $5,507 |
| Total Monthly Payment | $5,649 | $5,963 | $7,494 |
* 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.