A popular investment property located in a rapidly growing neighborhood in Queens. This newer construction two family home, built in 2022, features three full above ground levels with separate entrances, offering excellent flexibility and income potential.Conveniently located within walking distance to the A train subway station and close to major amenities including Costco, Stop & Shop, Planet Fitness, a nearby golf club, and a scenic waterfront beach. Offered at an attractive price point in a high-demand rental area, this property provides strong rental income potential and solid returns ideal for both owner occupants and investors.
72-31 Hillmeyer Avenue, Arverne, 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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