Welcome to 8 Foster Place, a spacious and well-maintained Hempstead home offering versatility, charm, and room to grow. Set behind a welcoming front porch, this 5 bedroom, 2 full bath residence features a functional layout with generous living space across multiple levels. Inside, hardwood floors run throughout much of the home, adding warmth and continuity to the interior. The expansive layout provides flexibility for larger households, guest space, a home office setup, or multi-generational living. Natural light fills the home, creating a bright and comfortable atmosphere throughout. The backyard is designed for both everyday enjoyment and entertaining, featuring a paver patio with space to dine, gather, or unwind outdoors. The combination of indoor space and outdoor functionality makes this property well-suited for a variety of lifestyles. Conveniently located near local shopping, dining, parks, schools, and transportation, 8 Foster Place presents an excellent opportunity to own a substantial Long Island home with timeless features and strong everyday livability.
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Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
$599,999
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,999 | $479,999 | $479,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $1,043 | $1,043 | $1,043 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,839 | $2,995 | $3,954 |
| Total Monthly Payment | $3,974 | $4,130 | $5,089 |
* 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.