Presenting a remarkable property in the heart of the prestigious Best Briarwood neighborhood, this meticulously maintained home boasts an impressive array of features. Standing proudly on a spacious 40 X 100 lot, this completely brick, detached two-family dwelling offers unparalleled comfort and convenience. The first floor of this residence comprises two generously-sized bedrooms, complemented by an additional storage room, catering to your organizational needs. The beautifully appointed bathroom features a luxurious Jacuzzi, perfect for unwinding after a long day. The living space encompasses an elegant dining room and a spacious living room, both meticulously designed to provide a welcoming atmosphere for both residents and guests. One of the standout features of this property is the presence of solar panels, leased for an additional 25 years, ensuring substantial monthly savings of $135 on energy costs, with no additional electric charges. This eco-conscious addition not only adds to the property's appeal but also reflects a commitment to sustainable living. Located in the vibrant neighborhood of Briarwood, residents enjoy effortless accessibility to major expressways, facilitating easy commuting to all five boroughs of New York City.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $624 | $624 | $624 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,710 | $7,259 | $9,749 |
Total Monthly Payment | $7,459 | $8,008 | $10,498 |
* 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.