Single Family home, owned for 31 years by the current owner, is in excellent condition and has been meticulously maintained. The property is move-in ready.
Currently configured as a 3-bedroom, 2-full bathroom, and 1-half bathroom home, it can easily be converted into a 5-bedroom layout. The finished basement level offers the potential for two additional bedrooms.
The first floor features a sunny living room, dining area, kitchen, and powder room. Upstairs, the second floor includes three bedrooms with closets and a large full bathroom.
The basement is finished and functional, with a garage that includes an additional bedroom or office space at the rear. It also includes a full bathroom with a standing shower, washer/dryer, storage space and access to a spacious backyard.
RECENT HOME IMPROVEMENTS INCLUDE:
- All new windows
- New roof
- Primary bathroom updated some, just one month ago.
- Entire home has been recently painted.
- Boiler is Approx 10 years old
- Hot water heater - Approx 5 years old
Annual taxes are $7, 445.
Corona is a vibrant and diverse neighborhood, located adjacent to Flushing Meadow Park. To the west lies Jackson Heights, while Forest Hills and Rego Park are to the south. Nearby attractions include the USTA Billie Jean King National Tennis Center (home to the U. S. Open), Citifield, Queens Zoo, Queens Museum, and the New York Hall of Science.
The neighborhood offers convenient access to the Long Island Expressway and Grand Central Parkway. Additionally, LaGuardia Airport is just a 5-10 minute drive.
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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** | 6.125% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.851% | 6.664% |
Monthly Tax Payment | $620 | $620 | $620 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,540 | $6,098 |
Total Monthly Payment | $4,965 | $5,252 | $6,810 |
* 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.