Large Beautiful Single-Family home in the heart of East Flatbush. This property is perfect for a savvy investor, as it needs minimal work for restoration, or someone who would love to renovate their home to their own liking, with a new kitchen and bathroom. This (gem) is located in East Flatbush and consist of a (3) bedroom duplex, bright, airy, sunlit, huge living room, dining room and eat-in kitchen. There is mid-century parquet flooring throughout. In addition, a large driveway that can fit up to 3 cars, and a front porch for quiet relaxation. This home is a one family, but set up as a mother daughter, with the basement having its own separate walkable entrance. The walk out basement consist of a bedroom, kitchen and full bathroom. Close to (MTA) 2, 3, 4 and 5 trains and buses including B46, B7 and B8. Nearby schools include Brooklyn College, Walt Whitman, Staminal Eugene Clark. Minutes away are Brooklyn Library, and the Barclay Center. The home is priced extremely well, in this unstable market. Don't hesitate to make an appointment to view this beautiful home, that has lots of potential to be someone dream home.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $464,000 | $464,000 | $464,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,165 | $3,126 | $4,010 |
Total Monthly Payment | $3,775 | $3,736 | $4,620 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.