Welcome to 5 Canterbury Drive in Coram, a beautifully maintained splanch home set on an expansive 15, 346 square foot lot. This residence blends modern upgrades with timeless comfort, offering high ceilings, hardwood floors refinished in 2021, and an abundance of natural light throughout. Recent updates provide peace of mind, including central air conditioning and heating systems replaced in 2022, a new hot water tank, an updated electric meter in 2025, a newer roof with leased solar panels, and a re-sealed driveway in 2025. Everyday conveniences are complemented by thoughtful details such as a two-car garage, public sewer connection, and an inground sprinkler system. Outdoors, the home features a true backyard retreat with a saltwater inground pool. The pool has been meticulously updated with a new liner in 2021, fresh pavers and coping in 2025, an electric heater in 2023, plus a new filter and pump in 2024. It’s the perfect setting for summer entertaining and relaxation. The location adds to the appeal, with this desirable Coram neighborhood offering a quiet suburban atmosphere while keeping shopping, dining, schools, and parks close at hand. Easy access to major roadways ensures a convenient commute across Long Island and into New York City.
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Our Executive Mortgage Banker:
$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.410% | 5.595% |
| Monthly Tax Payment | $1,162 | $1,162 | $1,162 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,151 | $3,325 | $4,377 |
| Total Monthly Payment | $4,405 | $4,579 | $5,631 |
* 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.