1507 Lowell Avenue, New Hyde Park, NY, 11040 | $868,000

Welcome to this charming and beautifully updated 3-bedroom 2. 5 bath Cape located in the heart of New Hyde Park Village. The first floor features a bright living room, dining area with large bay window, updated open kitchen with granite countertops, stainless steel appliances, and peninsula seating. The spacious primary bedroom is conveniently located on the main level and features access to the full bath, a spacious walk-in closet and sliders leading out to a new patio and private fenced yard. Upstairs, two additional generously sized bedrooms and full bath. Full basement with laundry area and plenty of storage space. Additional features include hardwood floors, new hot water heater, upgraded 200amp electrical, gas heat, detached one car garage, private fenced backyard, WIFI controlled sprinkler system and much more! This home offers comfort and convenience in prime location; close proximity to schools and train station. Village residents enjoy exclusive access to amenities, including a newly renovated private park with state-of-the-art playground, dog park, basketball, bocce, tennis courts and baseball fields. In addition, residents also have access to Michael J. Tully Park featuring an indoor pool, gym and year-round activities as well as Clinton G. Martin Park with outdoor pools and activities. A wonderful opportunity to enjoy comfortable living and Village amenities in a highly desirable central location.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Gas Dryer Hookup, In Basement
  • Style: Cape Cod
  • Year Built: 1953
  • Garage: 1-car
  • Heating: Baseboard, Hot Water, Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Full
  • Approx Sq. Feet: 1,400
  • Acreage: 0.09
  • Est. Taxes: $13,679
  • Lot Desc: Back Yard, Sprinklers In Front, Sprinklers In Rear
  • Elem. School: New Hyde Park Road School
  • Middle School: New Hyde Park Memorial High School
  • High School: New Hyde Park Memorial High School
  • School District: Sewanhaka Central
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Oven, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer, Gas Water Heater
  • MLS#: 998777
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/998777/1507lowellavenue_newhydepark_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 516-627-4440

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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1507 Lowell Avenue, New Hyde Park, NY, 11040

$868,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $694,400 $694,400 $694,400
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 $1,140 $1,140 $1,140
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,888 $4,219 $5,813
Total Monthly Payment $5,120 $5,451 $7,045

* 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.