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Charming Legal Two-Family Home in Forest Hills Nestled on a serene, tree-lined street in the coveted Forest Hills neighborhood, 68-37 Kessel Street presents a rare opportunity to own a well maintained legal two-family detached home. This residence seamlessly blends classic charm with modern updates, offering versatility for homeowners and investors alike. The main unit boasts a thoughtfully renovated open-concept kitchen, perfect for culinary enthusiasts and entertaining guests. With two spacious bedrooms and three full bathrooms, comfort and convenience are paramount. The finished attic provides additional living space, ideal for a home office, storage, or childrens play area. The fully finished basement adds to the home’s expansive layout, offering a versatile space for recreation, fitness, or additional storage. Step outside to a private backyard —perfect for summer barbecues, gardening, or simply unwinding after a long day. The detached garage provides additional storage options. Situated in a vibrant community, this home offers access to public transportation. The Forest Hills–71st Avenue subway station, serving the E, F, M, and R lines, as well as the LIRR, providing swift connections to Manhattan and beyond. Additionally, the 69th Avenue/Loubet Street bus stop. For those commuting to Midtown Manhattan, express buses QM12 and QM42 are conveniently accessible . Don’t miss the chance to own this exceptional property that offers both comfort and convenience in one of Queens’ most desirable neighborhoods. Located in a vibrant community, residents enjoy proximity to top-rated schools like PS 144 and Forest Hills High School , lush parks including Forest Park and Yellowstone Municipal Park , and a plethora of dining and shopping options along Austin Street . Commuters will appreciate easy access to the E, F, M, and R subway lines at the 67th Avenue and 75th Avenue stations , as well as the nearby Long Island Rail Road. Don’t miss the chance to own this exceptional property that offers both comfort and convenience in one of Queens’ most desirable neighborhoods.
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Our Executive Mortgage Banker:
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$1,050,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $655 | $655 | $655 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,574 | $5,036 | $6,975 |
| Total Monthly Payment | $5,354 | $5,816 | $7,755 |
* 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.