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Opportunity, space, and potential come together at 46 Falcon Drive in Hauppauge’s desirable Bird Section. Set on an oversized . 34-acre property, this expanded double-dormered Cape offers a flexible layout, generous living space, and the chance to create something truly special in a well-established neighborhood. Inside, the home features 4 bedrooms, 2 full bathrooms, hardwood flooring on the main level, formal living and dining rooms, and a spacious eat-in kitchen with access to your backyard. A first-floor bedroom provides versatility for guests, a home office, or additional living needs, while the second floor includes three additional bedrooms plus a large bonus room with endless possibilities. Freshly painted and offering solid structural value, the home includes gas heat with a newer forced-air heating system (2018), updated refrigerator and stove (2018), a full unfinished basement, and a roof approximately 10–15 years young. For buyers looking to personalize a home over time, the kitchen and bathrooms offer an excellent opportunity to update to your own style while building equity in a sought-after Hauppauge location. Step outside to an expansive backyard with plenty of room for entertaining, recreation, gardening, or future outdoor enhancements. A commuter's delight and conveniently located near shopping, major roadways, parks, and everyday amenities, this property offers the rare combination of size, location, and long-term potential at an increasingly hard-to-find value in today’s market.
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Our Executive Mortgage Banker:
$759,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $607,200 | $607,200 | $607,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $1,059 | $1,059 | $1,059 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,739 | $3,888 | $5,083 |
| Total Monthly Payment | $4,890 | $5,039 | $6,234 |
* 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.