Large 2 family by CO on corner lot. Has been lovingly cared for in the same family for 70 years. You won't want to miss seeing this 18-room home with enough room for you and your extended family. This home was resided and had new roof put on within the last 2 years. The front wood curb was redone 2 years ago. This home has a beautiful separately fenced outdoor entertainment area with bar, fishpond, and an in-ground diving pool 13" deep. The other fenced in area has patio off kitchen. The corner lot allows a second gated driveway for that special vehicle. The rooms are large in size with eat in kitchen and formal dining, in addition to a huge family room. Master bedroom and second bedroom on the main level and 4 bedrooms and full bath on 2nd level. Other unit has separate entrance with their own electric meter and boosts a king size bedroom Lr/Dr combo with large front windows that allow the southern sun in. This is a must see. The CO allows investors to rent the whole house as there is no onsite residency required, a true 2 family.
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William Raveis Real Estate
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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 | $700,000 | $700,000 | $700,000 |
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 | $1,419 | $1,419 | $1,419 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,197 | $4,540 | $6,098 |
Total Monthly Payment | $5,707 | $6,050 | $7,608 |
* 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.