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Welcome to 50 Arlene Drive! This home is available for the first time in over 50 years! Many memories were made in this home and now it's time for new ones! The house features hardwood floors, baseboard heat, central air and a full basement. The gas burner and hot water heater are 15 years old. The bathroom, updated 10 years ago has porcelain walls and floor tile and a furniture style vanity. The bedroom and coat closet doors were replaced last month. The house sits on a fully fenced quarter acre property, with a side patio and plenty of room in the back for a pool or to create the ultimate entertaining space. True taxes before any exemptions are $8, 721. 20 Loretta Park Elementary, South Middle School. Just minutes to the LIRR, Sunrise Highway and the LIE.
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Our Executive Mortgage Banker:
$570,000
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 | $456,000 | $456,000 | $456,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $727 | $727 | $727 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,625 | $2,920 | $3,787 |
| Total Monthly Payment | $3,444 | $3,739 | $4,606 |
* 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.