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Opportunity Knocks in Prime Massapequa Location – Plainedge School District! Nestled on a picturesque, tree-lined street in the heart of Massapequa, this diamond in the rough presents an exceptional opportunity for homeowners and investors alike. Offering endless potential, this property is ready to be transformed into the home of your dreams. Whether you're a buyer looking to put your personal touch on a space or an investor seeking a promising project, this home provides the perfect canvas. Featuring a spacious layout, this residence is waiting to be revitalized with modern updates and custom finishes. With its charming curb appeal and located within the highly-rated Plainedge School District, the home is perfectly situated near parks, shopping, dining, and major transportation routes, ensuring both convenience and lifestyle appeal. While the home does require some updating, the solid structure, ample space, and desirable neighborhood make it a fantastic investment opportunity. Imagine the possibilities—renovate, restore, and create a true masterpiece tailored to your style. Don't miss out on this rare chance to add value and make this home truly shine! Schedule your private tour today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
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 | $476,000 | $476,000 | $476,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $1,256 | $1,256 | $1,256 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,048 | $3,164 | $3,985 |
Total Monthly Payment | $4,396 | $4,512 | $5,333 |
* 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.