Welcome to your opportunity to own a versatile 2-family home in the desirable Glendale neighborhood. Whether you're an investor looking for a promising income property or a first-time buyer interested in homeownership with rental income potential, this property is a gem waiting to be uncovered. The first floor offers the potential for three bedrooms, allowing you to customize the layout to suit your needs. A spacious living room on the first floor provides a comfortable gathering space for family and friends. Enjoy meals together in the convenient eat-in kitchen. A well-appointed full bathroom on this level adds to the convenience. The second floor boasts four generously sized bedrooms, providing ample accommodation for a larger family or additional rental income. A cozy living room area on the second floor offers a relaxing retreat. Prepare meals in the well-equipped kitchen. A second full bathroom ensures everyone's comfort on this floor. The basement features three entrances, enhancing accessibility and potential use. Two spacious rooms in the basement offer versatility for additional living space or storage. Convenience is key with a half bathroom in the basement. The well-maintained boiler room ensures efficient heating. A dedicated laundry room in the basement adds to the practicality of the home. The backyard is a private oasis, perfect for gardening and outdoor entertainment. With a fantastic location in Glendale and its promising potential, this 2-family home is a rare find in today's market. Don't miss out on the chance to make it your own. Please note that some pictures included in this listing are virtually staged for illustrative purposes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 6.898% | 6.915% |
Monthly Tax Payment | $589 | $589 | $589 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,187 | $4,467 | $6,017 |
Total Monthly Payment | $4,868 | $5,148 | $6,698 |
* 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.