Welcome to 62-27 Burchell Rd, in Far Rockaway NY. This beautiful 2 family home nestled in a dead-end block that overlooks the Jamaica Bay features more than meets the eye The first floor, boasting with natural sunlight, features a master bedroom with an en-suite bathroom, 2 additional bedrooms, and a second full bathroom. As well as a lovely open layout of the kitchen and living room area. For convenience, there is the perfect nook with a washer and dryer hookup, suitable for a stackable unit. This unit has also been repainted in its entirety, including the wooden floors and each bathroom features a new vanity. The second-floor features 2 bedrooms and 1 full bath, along with an open living room and kitchen layout. As well as generous closet space. The fenced-in backyard is perfect for entertainment and the driveway provides ample parking for up to 2 vehicles. Each apartment has its separate entrance for privacy. Located just three blocks from Dubos Point Wildlife Sanctuary, enjoy a perfect morning or afternoon overlooking the Bay or going for a peaceful stroll.
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Our Executive Mortgage Banker:
Our Insurance Division:
$660,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $528,000 | $528,000 | $528,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $375 | $375 | $375 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,425 | $3,469 | $4,420 |
Total Monthly Payment | $3,892 | $3,936 | $4,887 |
* 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.