Presenting an extraordinary opportunity in the heart of Richmond Hill North, Queens - a magnificent 2-family brick residence that embodies comfort and adaptability. Situated on a 20 ft x 90 ft lot, this expansive property boasts a generous 2, 210 sqft of living space. This meticulously cared-for home includes a fully finished basement, providing ample room for recreation, storage, or creative endeavors. The first floor welcomes you with three inviting bedrooms, ensuring abundant privacy and personal space. A tastefully designed living room creates a tranquil environment for unwinding, while the adjoining kitchen caters to culinary enthusiasts, offering a delightful focal point for meal preparation and gatherings. Completing the main level is a contemporary bathroom, combining convenience with style. Ascending to the second floor, you'll find another three bedrooms, accompanied by a charming small room that could serve as a nursery, office, or a delightful reading nook. A second living room provides additional space for relaxation, and a second kitchen equipped with modern amenities caters to your culinary desires. A second stylish bathroom completes this upper level. With an annual tax of just $6, 619. 12, this property offers the potential for comfortable living and rental income. Whether you're an investor seeking a reliable return or a homeowner looking to generate extra revenue, this home is poised to meet your requirements. In a neighborhood known for its convenience, this residence offers easy access to local amenities, schools, and transportation options, including the J train and buses to Manhattan, making it an appealing choice for those in search of a well-rounded living experience. Seize this opportunity to own this 2-family treasure in the lively community of Richmond Hill North, Queens. Recent renovations include the basement in 2020, as well as the second-floor kitchen and bathroom. The two hot water heater were replaced in 2020, and the roof was redone 6 years ago.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 | $799,200 | $799,200 | $799,200 |
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 | $552 | $552 | $552 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,856 | $5,250 | $7,017 |
Total Monthly Payment | $5,500 | $5,894 | $7,661 |
* 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.