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Welcome to 1318 Scimitar Ave, Elmont, NY — a well-kept home with real space, solid bones, and room to grow. Whether you're a first-time homebuyer, downsizing, or seeking an investment opportunity, this property presents exceptional value in a desirable neighborhood. The home is already functional and comfortable, and with a bit of personal touch, it has the potential to truly shine. Inside, the first floor offers a formal living room, formal dining room, a large eat-in kitchen, two bedrooms, and a newly renovated full bathroom. Upstairs, the walk-up attic has been expanded to include two additional bedrooms and a flexible open space that can be used as a playroom, home office, or lounge area. The fully finished basement with high ceilings, a full updated bathroom, laundry room, utility room, open concept layout, and private entrance provides even more potential for customization. With a bit of TLC, this property is poised for transformation. Step outside to discover a spacious backyard, perfect for entertaining, gardening, or creating your own personal oasis. The private driveway fits 3+ cars and includes a detached garage, which is a big plus. The home is being delivered vacant and sold strictly as-is, giving buyers a clear opportunity to update and personalize at their own pace. Ideally situated, the property is just moments from UBS Arena and Belmont Park Village, with convenient access to the Long Island Rail Road, local bus routes, and major highways including the Southern State Parkway and Cross Island Parkway — making travel throughout Long Island and into New York City seamless. Surrounded by everyday essentials including shopping, dining, parks, schools, and entertainment, this location offers both convenience and lifestyle. A home with solid structure, generous space, and room to grow — ready for its next chapter. Schedule your private tour today and unlock the endless possibilities that await!
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Our Executive Mortgage Banker:
$659,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $527,200 | $527,200 | $527,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $702 | $702 | $702 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,157 | $3,329 | $4,378 |
| Total Monthly Payment | $3,951 | $4,123 | $5,172 |
* 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.