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Welcome to 117 Timberline Drive! This charming Expanded Ranch is a true delight, offering incredible potential for a great income producing property. Thoughtfully designed, this sweet property features 8 bedrooms, 4 bathrooms, natural gas heating, and a hot forced air heating system approximately 5 years young. The bright interior creates a warm, light-filled atmosphere throughout the home, while the property also includes natural gas and a stand alone gas hot water heater for added convenience. The full finished basement with an outside entrance provides excellent flexibility and offers Potencial M/D with the proper permits. Outside, enjoy space for a Garden, entertaining, or creating your own outdoor retreat. While the home needs TLC, it presents a rare opportunity to customize and add value. Conveniently located near Roberto Clemente Park, offering pools, sports fields, playgrounds, nature trails, and near Brentwood LIRR for commuters. (Photos have been digitally enhanced. ) Don’t miss this opportunity to make this beautiful Long Island home yours!
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Our Executive Mortgage Banker:
$669,999
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 | $535,999 | $535,999 | $535,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.652% | 5.952% |
| Monthly Tax Payment | $895 | $895 | $895 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,300 | $3,384 | $4,451 |
| Total Monthly Payment | $4,287 | $4,371 | $5,438 |
* 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.