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Welcome to this lower-level Avon 2bd/2ba condo in the Hamlet on Olde Oyster Bay. This unique mint-condition unit offers privacy in the midst of a vibrant community. Freshly painted and recently updated with new upgrades in the eat-in kitchen, such as new flooring, new glass backsplash, all-new chef's kitchen with granite and stainless steel appliances. Large primary bedroom with two outfitted walk-in closets and all-white ensuite bath. Both bathrooms have gorgeous new vanities. Spacious second bedroom or office/den is only feet away from the second bathroom. This luxurious, 24/7/365 gated community is located on a beautiful lake with over 52 acres of landscaped homes. Residents enjoy numerous amenities year round including: indoor and outdoor pools, an upscale gym, salon and spa, lighted tennis and pickleball courts, card rooms, teen lounge and children's playground. The exclusive clubhouse offers full-time concierge services and serves as the gathering place for this elite gated community. The Lakeview Restaurant offers dinner service six nights a week and allows residents to relax and dine while looking at the scenic view of the lake, or utilize their takeout. Move right into this spacious first floor unit with attached garage and driveway. Located in Plainview School District, this WILL NOT LAST! Additional fees include: (non-refundable) working capital fund of $1, 084. 70. Restaurant fund $4, 000 check (refunded upon sale). Equipment fund of $900 (non-refundable). Monthly charges: common charges- $682. 64 x12 months, Lakeview Restaurant monthly minimum for Carriage Homes: $165. 00 x 12 months.
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Our Executive Mortgage Banker:
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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 | $511,999 | $511,999 | $511,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $870 | $870 | $870 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,236 | $3,363 | $4,286 |
Total Monthly Payment | $4,198 | $4,325 | $5,248 |
* 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.