Investor opportunity in prime Forest Hills, Queens. This legal two-family home sits on a 2,000 sq ft lot (20x100) and offers 2,800 sq ft of living space. Built in 1950, the property features a semi-attached garage, gas and electric utilities, and a functional layout perfect for rental income. The third floor offers a 2 bed, 1 bath unit; the second floor also has 2 beds and 1 bath; and the first floor includes a 1 bed, 1 bath unit with backyard access. LOW TAXES - $11,651.80. . Location, location—near all public transportation, shops, and more.
9010 70th Drive, Forest Hills, NY, 11375
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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