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This stunning 2012-built all-brick duplex combines modern construction with premium income potential on a mid-block location in Little Neck. Featuring an oversized 25x52 building footprint on a generous 40x100 lot, this immaculate two-family home offers 3BR/2BA over 3BR/2BA with finished basement and separate entrance - ideal for owner-occupants seeking rental income or investors looking to maximize returns. Eastern exposure floods the home with natural light, while central air, separate utilities including 2 electric and 2 gas meters, and detached garage enhance operational efficiency. The finished basement with walk-out access provides valuable additional living and storage space for the units above. Excellent transportation includes the LIRR for direct Manhattan access, multiple bus routes (Q36, Q12, N20G, N20X, QM3), and easy highway access via the LIE (I-495) Little Neck Parkway interchange, and Northern Boulevard. The home sits within School District #26, featuring PS 221 and MS 67, while being close to shopping and recreational amenities. This turnkey property in excellent condition represents an exceptional opportunity that you don't want to miss!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,880,000
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 | $1,504,000 | $1,504,000 | $1,504,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.732% | 5.555% |
| Monthly Tax Payment | $1,252 | $1,252 | $1,252 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,959 | $8,658 | $12,189 |
| Total Monthly Payment | $9,336 | $10,035 | $13,566 |
* 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.