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Welcome to this spacious Cape Cod-style home, located in a prime corner lot in the highly desirable neighborhood of Franklin Square. This home is a fantastic opportunity for those looking to add their personal touch and transform it into a dream home. With a little vision and creativity, this property can truly shine! The main level features a classic and functional layout with a bright living room, formal dining room, and a spacious kitchen. You'll also find two generous-sized bedrooms and a full bathroom on this floor, perfect for convenient one-level living. Step outside to a charming patio area that overlooks the beautifully landscaped yard, and enjoy the convenience of a two-car garage with direct access from the rear door. Upstairs, the home offers three additional bedrooms and another full bathroom, providing ample space for family and guests. The home is nestled on a fantastic level lot, ideal for outdoor activities and entertaining. Franklin Square is known for its welcoming, family-friendly atmosphere, and this home is situated within easy reach of local parks, schools, and shopping. Enjoy the convenience of nearby public transportation and quick access to major roadways, making commuting a breeze. With its excellent schools and vibrant community, Franklin Square offers everything you need for a comfortable and fulfilling lifestyle. Don't miss this incredible opportunity to own a home in one of Long Island's most sought-after communities. Bring your vision, and make this wonderful property your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$654,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $523,200 | $523,200 | $523,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | $1,069 | $1,069 | $1,069 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,012 | $3,304 | $4,272 |
Total Monthly Payment | $4,173 | $4,465 | $5,433 |
* 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.