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176 12th Street
Bethpage, NY 11714
Joseph Vennera with HomeSmart Premier Living Rlty, original listing - (631) 629-3630
$1,124,000
Conventional
Property
Bedroom
6
Bathroom
Full: 3
Property Type
Conventional
Square ft
2132 Square Feet
Property Description
Welcome to this extraordinary 6-bedroom, 3-bathroom Mother-Daughter home, perfectly situated in the heart of the highly coveted hamlet of Bethpage. Thoughtfully designed for both style and multigenerational functionality, this gem boasts soaring 9-foot ceilings on the main level, creating a bright and airy ambiance throughout. The main floor features an open-concept layout anchored by a spacious chef's kitchen, complete with a beautifully appointed granite countertop center island. This seamlessly flows into an elegant dining room, making it the perfect setting for holiday feasts and family gatherings. A versatile main-floor bedroom adds flexibility, ideal for use as a nursery, playroom, or guest suite. Upstairs, the second level is equally impressive. The luxurious master bedroom is a true retreat, featuring cathedral ceilings and a generous walk-in closet that could easily be converted into an en-suite bathroom. Three additional, well-sized bedrooms and a beautifully appointed hallway bath provide ample space and comfort for family and guests alike. The lower level offers incredible versatility with a fully independent 1-bedroom, 1-bath accessory apartment. With its private entrance, acorn stairlift, walk-in closet, full kitchen, and spacious layout, this space is perfect for extended family or supplemental income opportunities. The outdoor areas are just as remarkable. The meticulously maintained grounds feature lush front and rear lawns that rival the pristine turf at Yankee Stadium or Citi Field. Fully fenced from the front of the house to the backyard, the property provides a safe and secure space for children and pets. A 1.5-car garage with an automatic door opener and side access offers ample storage, while the 80-foot driveway easily accommodates multiple vehicles. Additional highlights include: 2 separate washer and dryer setups, an in-ground sprinkler system. A comprehensive security system for peace of mind. An upgraded 200-amp electrical panel. High-hat lighting and Andersen windows throughout. A brand-new furnace and hot water heater for modern efficiency. Situated in a prime location, this home is steps away from 5th Street Park, Bethpage Community Park, pools, a state-of-the-art indoor ice-skating rink, basketball and tennis courts, and the Bethpage LIRR station. Families will appreciate its proximity to award-winning schools, while abundant street parking adds convenience for guests. Don't miss this exceptional property-schedule your private showing today!
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1960
MLS Number
--
Location
Address
176 12th Street
City
Bethpage
State
NY
Zip Code
11714
County
NASSAU (CENTRAL)
Listing
Name
Phone
(516) 592-7551
Office Name
Office Phone
(631) 629-3630
Agent Name
Joseph Vennera
Agency Phone
(631) 629-3630

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.