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Exceptional Mother-Daughter Opportunity | Three Levels of Living | Potential Supplemental Income with Proper Permits Welcome to one of Farmingdale's most extraordinary offerings—an exceptionally rare oversized 9-bedroom High Ranch with the potential for three separate levels of living, making it an ideal opportunity for mother-daughter living, large extended households, or potential supplemental income with proper permits. This expansive residence offers an exceptional combination of size, versatility, and long-term value. Featuring three full levels of living space, the home is highlighted by a massive fully finished basement with high ceilings, modern finishes, and its own private outside entrance, creating endless possibilities for extended individual or group living, private guest quarters, a home office, recreation space, or additional living accommodations. While the home presents an incredible opportunity, it also offers the perfect canvas for its next owner to make it their own. Thoughtful updates and cosmetic enhancements will allow you to personalize the home to your own design preferences, style, and vision while adding long-term value to this already exceptional property. Situated on a quiet no-through street, this remarkable property boasts one of its most impressive features—parking for up to 16 vehicles with a rare two-wide, two-deep driveway configuration, providing unmatched convenience for large groups or individuals, multiple drivers, entertaining, or home-based professionals. A covered rear porch and expansive outdoor gathering areas create the perfect setting for holidays, celebrations, and making memories for generations to come. Perfectly positioned between Farmingdale's highly regarded elementary school and high school, the home is also just minutes from the vibrant Main Street district, offering outstanding restaurants, shopping, nightlife, fresh markets, and the Farmingdale LIRR Station for an easy commute. Enjoy an exceptional lifestyle with nearby Allen Park Sports Complex and the world-renowned Bethpage State Park, featuring championship golf courses, polo fields, bike trails, playgrounds, soccer fields, picnic areas, sledding hills, cross-country skiing, and year-round recreational opportunities. Located within Farmingdale's award-winning school district, scholastic attendees benefit from outstanding academics, championship athletics, nationally recognized robotics and debate programs, exceptional arts education, and a wide variety of enrichment opportunities. Properties offering this combination of 9 bedrooms, three levels of living, exceptional layout flexibility, a private outside entrance, parking for up to 16 vehicles, and a prime Village location rarely become available. Whether you're looking to comfortably accommodate multiple generations under one roof or take advantage of the home's flexibility and potential supplemental income opportunities with proper permits, this truly one-of-a-kind property delivers exceptional space, versatility, and lasting value. Rarely Available. Impossible to Duplicate. Welcome Home.
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Our Executive Mortgage Banker:
$997,000
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 | $797,600 | $797,600 | $797,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,333 | $1,333 | $1,333 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,529 | $4,911 | $6,731 |
| Total Monthly Payment | $5,954 | $6,336 | $8,156 |
* 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.