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Welcome to 20 School House Lane in Syosset. Nestled on a quiet, midblock, this charming 3-bedroom, 3. 5-bath colonial offers a rare opportunity for buyers looking to bring their vision to life and make a home truly their own. Situated on a large lot, this property is full of potential and is perfect for someone seeking space, location, and the chance to add their own personal touch. The first floor offers a warm and functional layout, beginning with a den featuring a convenient office nook with a powder room, flowing seamlessly into the dining area and living room with a fireplace that has direct access to the backyard—ideal for entertaining or everyday living. The eat-in kitchen is filled with natural light from oversized windows and features stainless steel appliances and gas cooking. Upstairs, you’ll find 3 bedrooms and 2 full bathrooms, including a large primary ensuite bedroom designed for comfort and privacy. The partially finished basement provides additional flexibility with a full bathroom and side entrance access, offering endless possibilities for recreation space, guests, or extended living. This is an incredible opportunity for buyers to customize and create their dream home in one of Syosset’s most desirable locations. Additional highlights include split AC systems installed in 2020 on the first floor and in one second-floor bedroom, an in-ground sprinkler system, detached 2-car garage set up for chargers for Electric Vehicles, and an expansive 8-car driveway. Conveniently located just moments from the Village of Syosset, shopping, dining, and the LIRR station with direct access to New York City, this is a fantastic opportunity to create something special in a prime location.
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Our Executive Mortgage Banker:
$1,099,888
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $879,910 | $879,910 | $879,910 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $2,001 | $2,001 | $2,001 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,927 | $5,346 | $7,366 |
| Total Monthly Payment | $7,053 | $7,472 | $9,492 |
* 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.