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Excellent semidetached brick multifamily in top East Elmhurst (Jackson Heights vicinity) residential block. Large solid building measuring 20x56 feet on a 25x100 lot. The home features 6 bedrooms and 3 bathrooms on the main two levels and a fully finished basement with a laundry room and half bathroom. There is a convenient 2 car garage in the rear, a rear patio and a front porch. Located within a short distance to shopping, schools, restaurants and all transportation. Great investment property in a strong rental market and also an ideal home to live in and have the rent help with your monthly payments. Basement finished and recently redone, young roof and oil boiler. Very low Queens taxes of $10, 468 yearly. Shown by appointment only. Perfect to live in one of the units, or for multigenerational living and also perfect for investment. Tremendous transportation options and commuting such as: Express bus Q32 to NYC one block away from Northern Blvd. , Q33 Bus to Roosevelt Ave and LGA, Q66 Bus to Main St/Flushing, Q69 Bus to Astoria, and only 0. 8 miles to the number 7 train at 82nd St (express station), in close proximity to the GCE, the BQE, La Guardia Airport, Shopping Mall at 77th St and 31st Ave, New York City and all amenities at Northern Blvd, Astoria Blvd and Roosevelt Ave.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,480,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,184,000 | $1,184,000 | $1,184,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $872 | $872 | $872 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,266 | $6,910 | $9,674 |
| Total Monthly Payment | $7,263 | $7,907 | $10,671 |
* 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.