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Presented by
Edward "Ted" Holmes - The Holmes Team |
All Brick Ranch in Bayside Awaiting Your Vision! Discover this classic 1950 ranch on a desirable corner lot, where solid bones meet endless possibilities. Featuring 3 bedrooms, including a primary suite with a private bathroom, this home offers a strong foundation ready for your personal vision and modern touches. The spacious layout flows beautifully from the eat-in kitchen through generous living areas, while the master Bedroom extending over the garage maximizes your square footage. Imagine the transformation potential—from updating finishes to creating your dream entertaining spaces. Your expansive 50x100 corner lot provides exceptional outdoor possibilities and privacy, while the semi-finished basement offers tremendous flexibility for customization. Central air conditioning and gas heat ensure comfort, while the attached 2-car garage adds convenience. The location is absolutely unbeatable—positioned directly across from Alley Pond Park, one of Queens' largest green spaces featuring nature trails, sports facilities, playgrounds, and an environmental center. Step out your front door into natural beauty! while multiple bus lines (Q13, Q28, Q31, Q76, QM20) provide seamless connections to subway stations, LIRR, and direct express service to Manhattan. This property represents an extraordinary opportunity to create your dream home while enjoying park-front living in Oakland Gardens Bayside
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.548.6179
Ted.Holmes@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.133% | 6.038% |
| Monthly Tax Payment | $798 | $798 | $798 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,445 | $5,996 | $8,371 |
| Total Monthly Payment | $6,368 | $6,919 | $9,294 |
* 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.