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Welcome to 348 Medea Way, a beautifully refreshed second-level condominium offering spacious interiors, abundant natural light and access to an impressive collection of community amenities. Updated throughout the past three years, this two-bedroom residence has been thoughtfully designed with a soft, neutral palette and warm wide-plank flooring. High ceilings enhance the open and airy atmosphere, while oversized windows fill the main living space with natural light. The open-concept living and dining areas provide generous room for everyday living and entertaining. The vaulted ceiling and expansive window arrangement create a bright, inviting setting, while the adjoining private balcony extends the living space outdoors and offers a peaceful place to enjoy the surrounding greenery. The kitchen features abundant wood cabinetry, granite countertops, stainless-steel appliances, a tiled backsplash and ample preparation and storage space. The spacious primary bedroom offers a comfortable retreat with multiple windows and generous proportions. The second bedroom provides additional flexibility for sleeping accommodations, a home office, studio or den. Both bedrooms continue the residence’s cohesive flooring and tasteful finishes. Located within Islip Landing, the property also offers access to community amenities including a clubhouse, fitness facilities, outdoor swimming pool, sundeck, gathering spaces and landscaped common areas. With its recent improvements, high ceilings, private outdoor space and spacious two-bedroom layout, 348 Medea Way delivers a turnkey condominium lifestyle in a convenient Central Islip location.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$479,999
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 | $383,999 | $383,999 | $383,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.524% | 6.776% | 6.078% |
| Monthly Tax Payment | $672 | $672 | $672 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,396 | $2,459 | $3,215 |
| Total Monthly Payment | $3,143 | $3,206 | $3,962 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.