Home buyers are often attracted to Mineola because of its proximity to, well, everything. That may seem like a stretch to say, but Mineola offers so much for such reasonable pricing, the market drop seemed to end here a few years ago. And, with current mortgage rates as low as they are, buyers are finding houses in amazing locales that cost less to own than they would cost to rent.
Consider the following example: 318 First Street, Mineola, New York - Listed by Tara Downing of Village Properties of Mineola is listed for sale at a price of $469,000 with taxes of less than $8,000 per year. If a buyer with reasonable credit and a 10% down payment paid the asking price, they would own this house for $2,266 in mortgage payments (30 years @ 5%) and another $665 in real estate taxes. So, for less than $3,000 per month, the buyer woudl get a 7 room, 3 bedroom 1.5 bathroom house on a 4,700 square foot lot.
318 First Street, Mineola, New York
I think all would agree this is a beautiful house. But, it just gets so much better. What would you find important other than the quality of the house you are buying? Location? Well, that seems to be cliche' but true. So, imagine buying a house and you wanted things within 1/2 mile. How is this list?
1) Mineola Long Island Railroad Station - 33 minute ride to Manhattan
2) Winthrop University Hospital
3) American College of Surgeons
4) Mineola Middle School
5) Chaminade High School
6) Mineola Memorial Library
7) a large public park with small lake
8) An Auxiliary Police Station
9) The Mineola Central Business District with more than a dozen restaurants, doctors, law firms, etc.
10) The good life!
After all this, tack on the fact that a driver could easily be on the Northern State Parkway, Southern State Parkway, Meadowbrook Parkway or Cross Island Parkway within 10 minutes, and you might just have one of the best locations in the entire state of New York!!!
Well, I get excited about these things, but you shoudl be too.
Interested? Call Tara Downing at 516-510-9281 or our office at 516-741-5960. You'll be glad you did.
(By the way, while Tara's listing is fantastic, we've got agents here able t show you anything and everything.)
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