You can get a house with a yard in your price range within walking distance to the Long Island Rail Road (LIRR) station, or you can bike or take the frequent bus service from a house further away. I commuted by foot or years, walking along Hempstead Turnpike back and forth to the LIRR station.
Another place is Valley Stream, which offers a shorter commute to NYC and great LIRR service, but it would be harder to find a house in your budget. I just checked and did find a few listed, however. There are houses in Queens to consider as well, but I don't know about those areas, so I couldn't help you with them.
You'll probably need 20% down payment plus several thousand in closing costs unless you have a high FICO score, in which case you might get away with less down payment. Ram is the expert, he can help you figure out a financing strategy that works for you. Closing costs should include a home inspection, which costs $400-$600, in addition to attorney fees ($1500-$2500) and filing fees (a few hundred) and mortgage tax. Taxes are higher in Nassau than in Queens, but remember we do not have a city income tax.
Give me a shout if you're interested in considering a purchase in Hempstead.
Karla Harby, VP
Charles Rutenberg Realty, New York City
You might also want to consider Westchester County. There are single family homes in your price range and that are close to the Metro North Railroad. Towns to consider are Peekskill, Verplanck, Cortlandt Manor, Buchanan, Goldens Bridge, Ossining, Sleepy Hollow, Pleasantville, White Plains, Port Chester, Mamaroneck, Yonkers, Mount Vernon and New Rochelle.
Metro North has 3 lines that run through Westchester County: the Harlem (blue), the Hudson (green) and the New Haven (red). Here is a map of those rail lines:
Click on each station for commute time and prices.
Keller Williams Realty Group
Feel free to contact me if you would like to discuss this further.
Joseph C. Hastings
Prudential Douglas Elliman Real Estate.