If you’ve been searching for a home that gives you options both now and down the road, this Hi-Ranch in Lynbrook is one you’ll want to see. Located in the highly sought-after Malverne School District, it offers a flexible layout that fits today’s lifestyle. - With four bedrooms and two full baths, plus the potential to create a fifth bedroom if you get a little creative, the design spans two levels, making it a great fit for multi-generational living or anyone considering a future accessory apartment with proper permits. Inside, you’ll find hardwood floors, laundry, a bright and welcoming living room, a formal dining area, and a lower level that adds valuable living space with its own access. - Step outside to a fenced yard and deck, perfect for relaxing or entertaining. You’re also close to the LIRR, major parkways, shopping, and great local dining. - Homes like this don’t come around often. Owned by just two owners since it was built in 1981, it offers a unique opportunity to make it your own while planning for the future.
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Our Executive Mortgage Banker:
$810,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $648,000 | $648,000 | $648,000 |
| 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 | $1,166 | $1,166 | $1,166 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,578 | $3,885 | $5,381 |
| Total Monthly Payment | $4,836 | $5,143 | $6,639 |
* 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.