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Brand New Construction Built In 2025 In the Desirable Village of Floral Park! This Stunning Residence Showcases Exceptional Craftsmanship and Modern Elegance Throughout. The First Floor Features Beautiful Marble Floors, and Andersen Windows Throughout the Home, And A Spacious Open Floor Plan Perfect for Both Everyday Living and Entertaining. The Inviting Living Room and Formal Dining Area Flow Seamlessly into The Expansive Eat-In Kitchen, Complete with All New Stainless-Steel Appliances and Sliding Glass Doors Leading to The Backyard. A Stylish Half Bathroom with A Brand-New Washer and Dryer Completes the Main Level. The Second Floor Offers a Luxurious Primary Suite, Three Additional Generously Sized Bedrooms, And A Beautiful Full Bathroom. Additional Highlights Include a Full Enormous Unfinished Basement Offering Endless Possibilities, Pull-Down Stairs to Attic Storage, Central Air Conditioning, Natural Gas Heating, And A One-Car Detached Garage. This Home Offers Access To The Village’s Own Police Department And Recreation Center, Featuring Basketball And Volleyball Courts, Baseball Fields, A Roller Hockey Rink, And An Olympic-Size Swimming Pool. Ideally Situated Near Schools, Shopping, Restaurants, Jericho Turnpike Bus Lines With Service To Nassau County And NYC, And The LIRR Station, Providing A Convenient 35-Minute Commute To Penn Station Or Grand Central Terminal In Manhattan. Just Minutes From Belmont Park, Home To UBS Arena, The New Home Of The New York Islanders And A Premier Venue For World-Class Entertainment Featuring Performers Such As Andrea Bocelli, Aerosmith, Billy Joel, And The Eagles. The Newly Opened Belmont Shopping Mall Further Enhances The Area’s Outstanding Lifestyle And Convenience. Total Taxes Are Still to Be Fully Assessed. A Rare Opportunity To Own A Truly Exceptional Newly Built Home In The Village Of Floral Park!
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Our Executive Mortgage Banker:
$1,488,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,190,400 | $1,190,400 | $1,190,400 |
| 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 | $1,667 | $1,667 | $1,667 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,666 | $7,233 | $9,965 |
| Total Monthly Payment | $8,458 | $9,025 | $11,757 |
* 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.