Location, Location, Location! This residential legal two-family duplex is an investment property situated in the picturesque town of Manhasset, located near hospitals and learning institutions making it an ideal choice for rental income. Situated close to prominent medical facilities, such as North Shore University Hospital and LIJ Hospital, it offers convenient housing options, Each unit boasts 4 en-suite bedrooms with their own individually designed bathrooms. Features an open-floor concept, gourmet kitchen outfitted with stainless steel appliances, and consistent beautiful flooring throughout the unit. Central AC, washer/ dryer, guest bath, an inground sprinkler system and so much more. . . Manhasset School District. It is within walking distance of all transportation and nearby shops. Furthermore, it's located across from a stunning park, offering pool access from Memorial Day to Labor Day.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,890,000
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 | $1,512,000 | $1,512,000 | $1,512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $640 | $640 | $640 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,187 | $9,933 | $13,275 |
Total Monthly Payment | $9,952 | $10,698 | $14,040 |
* 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.