115 Gain Court, Brooklyn (Gerritsen Beach), NY, 11229 | $580,000

An investor opportunity you can capitalize on - 6% cap rate!!! Enjoy this picturesque delightful fully detached Ranch Style Residence. It's totally renovated! Bathed in abundant natural light, this home boasts sun-kissed interiors that create an uplifting and inviting atmosphere for you and your guests. Expansive top-floor loft boasting a generous, open-concept layout spanning the entire length of the house. The first floor features two bedrooms, each exuding a sense of spaciousness, seamlessly blended with the wide-open kitchen, living, and dining areas. The entire space is adorned with beautiful hardwood flooring, creating a cohesive and inviting ambiance throughout. Featuring state-of-the-art stainless steel appliances, offering the utmost in quality and performance for your culinary needs. Transportation, schools and convenient shopping. An absolute must-see property! Don't miss out on this incredible home-schedule your viewing today before it's gone!

Features

  • Town: Brooklyn
  • Rooms: 6
  • Laundry: InUnit
  • Year Built: 1925
  • Cooling: Central
  • Building Access : None
  • Service Level: None
  • Built Size: 20'x30'
  • OLR#: RPLU5122892744
  • Days on Market: 77 days
  • Website: https://www.raveis.com
    /prop/RPLU5122892744/115gaincourt_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate - Park Plaza

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

115 Gain Court, Brooklyn (Gerritsen Beach), NY, 11229

$580,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $464,000 $464,000 $464,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.623%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,165 $3,126 $4,010
Total Monthly Payment $3,257 $3,218 $4,102

* 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.