Beutiful beach house for sale at Rockaway, NY. Legal 2 family house, used as 3 residences with walkout basement. Use as primary residence/vacation home/investment as well. New renovation and well updated appliances and has an elevator for exquisite living.
1st floor (walkout basement) comes with 2 bedrooms, 1 bathroom and open kitchen. Currently renting for $1,850
2nd floor comes with 3 bedrooms, 1 bathroom, 1 kitchen, washer/dryer, renting for $2,600
3rd floor same as 2nd floor. Currently renting for $2600.
Low property tax of $7100 per year.
Investors' delight. Owner moving on to other investment, ready to go!
74-17 Hillmeyer Avenue, New York, (Far Rockaway), NY, 11692
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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