10 Phyllis Road, Mastic Beach, NY 11951

Property Description

SPACIOUS, MOVE IN READY 2715 sq.ft., 4 BDR/3BA HOME WITH LEGAL ACCESSORY APARTMENT which provides monthly income which can cover more than half of the mortgage payment expense, an INCOME-GENERATING DREAM! Built completely new, from the ground up in 1990 (fully replacing the previous structure), this beautiful maintained residence provides the structural piece of mind alongside an incredible financial advantage. Perfect for smart buyers, this rare setup lets the property pay for itself! PROPERTY CONFIGURATION: OWNERS RESIDENCE: A spacious, light-filled, 3-bedroom, 2 bathroom, with Open floor plan, also with contemporary construction standards; Cathedral Ceilings, Arch-top windows, Oak hardwood flooring, Ductless AC, 4 Zone heating system, 200 Amp Electric, Ceiling fans, Overhead lighting, Covered front brick porch, Family/Great room with fireplace, Jetted Spa tub in the Master Bathroom, storage in basement, attic and sheds, decks and also a soaking tub in the rear yard, of the fully fenced, and landscaped for privacy property, to relax, entertain, enjoy and live comfortably. LEGAL ACCESSORY APARTMENT: A fully legal 1-bedroom, 1-bathroom unit, that operates completely independently, from the main house. THE ULTIMATE FINANCIAL ADVANTAGE: Immediate stress-free income.The Legal Accessory Apartment generates $2,450 in steady income, with a stellar, reliable tenant of 4+ years already in place. MASSIVE MORTGAGE SUBSIDIZATION: That $2,450 monthly check effectively carries between three hundred and fifty and four hundred thousand of your total monthly mortgage balance (based on current market fixed rates, with buyer to verify amounts). UNRIVALED AFFORDABILITY: By offsetting over half of your principal purchase price, this rental income allows you to secure a premium 2,715 sq.ft. home, while carrying the net monthly overhead of a significantly cheaper property. KEY FEATURES YOU"LL LOVE: The 1990 Construction Advantages: Enjoy Modern electrical, plumbing, insulation and framing standards, compared to older homes in the area. TURNKEY RENTAL MANAGEMENT: Enjoy immediate piece of mind on closing day, with a proven long-term tenant who already loves the home and treats it like their own. SMART LAYOUT: Excellent architectural separation ensures maximum privacy and independent living spaces between the primary home and the accessory unit. A TRUE VALUE HOME: Don't miss the rare chance to build equity faster, with low taxes and no flood insurance required, and to live more affordably in a 4-bedroom property. Schedule your private tour today.