BACK ON THE MARKET—YOUR SECOND CHANCE! Blink and you missed it the first time! Due to unexpected buyer circumstances, this highly sought-after Lakeville Estates gem is back on the market, offering a rare second opportunity for savvy buyers who missed out during our initial wave of activity. This is a huge 5-bedroom, 3-bathroom home on an oversized 60x125 lot in New Hyde Park. Eastern exposure gives this home lots of natural light. The home is very unassuming at first glance but once you enter, you'll find spacious rooms including a huge living room. formal dining room, large eat-in kitchen with sliding doors that lead directly out to a fully fenced backyard patio, and a family room extended off the kitchen. This is perfect for effortless indoor-outdoor entertaining. Two large bedrooms an the first floor are ideal for multi-generational living arrangements. With multiple skylights, a spacious primary ensuite, a full basement, and a 1-car garage, this expanded Cape offers unparalleled potential. Great location near the Lake Success Shopping Center, local express buses to NYC, major parkways, and zoned for elite, award-winning Great Neck South schools.
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Our Executive Mortgage Banker:
$1,325,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,060,000 | $1,060,000 | $1,060,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $1,189 | $1,189 | $1,189 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,936 | $6,355 | $8,873 |
| Total Monthly Payment | $7,250 | $7,669 | $10,187 |
* 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.