76-18 Aquatic Drive, #89, Far Rockaway, NY, 11692 | $1,100,000

Modern Luxury meets Arverne By The Sea! 76-18 Aquatic Drive is a 23 ? 45 built 3 story 2 family townhouse sitting on 28 ? 76 lot on a quiet tree lined street of Hammels. This meticulously renovated townhouse will captivate you from the moment you arrive with its warm & welcoming energy. Offering a 3 bedroom 2. 5 bath owners duplex over a spacious income producing 2 bedroom one bath garden rental. As you enter the the parlor floor of the Owners duplex you are greeted by an expansive sun drenched living/dining area which provides great space for entertaining. The stunning chefs granite kitchen is equipped with floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances & island for bar stool seating. Powder room on the first floor for your guest. The elegant primary bedroom is equipped with a private en suite with glass enclosed rain shower. Up a flight of stairs 2 additional bedrooms awaits you, each equipped with ample closet space. Down the hall a designated bathroom is shared between the 2 additional bedrooms. The perfect home office/ storage room is located towards the rear of the second floor and leads out onto beautiful roof deck. The garden floor is equipped with a 2 bedroom 1 bath rental and can be used to generate amazing rental income to assist with mortgage payments. 76-18 Aquatic Drive has been fully renovated by an expert team of contractors and designers featuring select wide oak wood flooring, recessed lighting, brand new electrical, heating and plumbing, Central HVAC systems throughout. This turn key move in ready 3 story 2 family is located with close proximity to major transportation which makes commuting a breeze. Just off Rockaway Beach Blvd, Beach Channel Drive. Stones throw to schools, shopping centers, newly built boardwalk, fitness centers, parks, lively commercial district, ferry service, restaurants, cafes, and many other vibrant neighborhood amenities.

Features

  • Rooms: 18
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Units: 2
  • Style: Townhouse
  • Year Built: 2004
  • Garage: 1-car Private, Attached, 1 Car Attached, Driveway, Garage
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: None
  • Acreage: 0.05
  • Est. Taxes: $7,689
  • Elem. School: Ps/Ms 114 Belle Harbor
  • Middle School: Jhs 226 Virgil I Grissom
  • High School: John Adams High School
  • School District: Community District 27
  • MLS#: 3537228
  • Days on Market: 58 days
  • Website: https://www.raveis.com
    /prop/3537228/7618aquaticdrive_farrockaway_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keystone Realty USA Corp   Phone: 631-261-2800

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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
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76-18 Aquatic Drive, #89, Far Rockaway, NY, 11692

$1,100,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
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% 7.014% 6.915%
Monthly Tax Payment $641 $641 $641
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,418 $5,781 $7,787
Total Monthly Payment $6,184 $6,547 $8,553

* 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.