Buying an LI house on a short sale
This Oyster Bay house is available with a short sale for $529,000. Credit: Handout
Set on a 50-by-100-foot lot, this six-room Cape has a kitchen, dining room, living room and home office as well as three bedrooms and one bathroom. Amenities include a finished basement, a rear deck and a detached, 11/2-car garage. The Southern State Parkway and Merrick Long Island Rail Road station are easily accessible, the agent says.
East Islip
Within walking distance of the downtown area, this legal two-family high-ranch is on a corner quarter-acre parcel. Since the location is GST (goods and services tax) zoned, the owner can operate a non-retail commercial business, such as a day care center or a veterinarian office. (A definition is posted on the Town of Islip website.) The house has two electric meters and central air-conditioning on the main level. Of 10 rooms, there are six bedrooms -- three up and three down. There are two bathrooms on the main level and one bathroom on the second floor.
Even though this 11-room high-ranch has a Main Street address, it is located off the main road in a cul-de-sac on a 76-by-109-foot lot. "It's a great house," says the listing agent, noting its vaulted ceilings, skylights, wood floors, brand-new roof and updated electrical wiring and gas heat. Other features include two laundry rooms and winter water views. There are five bedrooms and three updated bathrooms.
