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Rare Opportunity in Jamaica Estates! Situated on an oversized 80x100 lot in the heart of Jamaica Estates, this Split-level property offers endless possibilities. The existing home features 3 bedrooms and 3. 5 baths with an open layout and many upgrades. First level features a beautiful modern kitchen with a large island adorned with Quartz counter tops, spacious dining and living room, and a newly remodeled powder room. Second level has 2 bedrooms and an updated full bath. Third level features primary suite with a walk-in closet and new en-suite bath. The lower level has a large family room and a finished basement. This home features great space and comfortable bedrooms, but the true highlight is the expansive lot size, providing exceptional potential for expansion, customization, or new construction. Nestled among tree-lined streets and stately homes, Jamaica Estates is renowned for its suburban feel while maintaining close proximity to Manhattan. Residents enjoy access to top schools, shopping, dining, houses of worship, and convenient transportation options. Don’t miss your chance to own a home on one of the most desirable lots in Jamaica Estates. Additional Features: New Kitchen with Quartz c/t, stainless steel appliances, large island, pot filler. New Baths, New Windows, New Roof, Heated floors (first floor) Gas Heat Two-car Garage Lot size 80. 08x100 Building size 32x46. 58 Taxes $14, 352
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,199,000
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 | $1,759,200 | $1,759,200 | $1,759,200 |
| 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 | $1,196 | $1,196 | $1,196 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,310 | $10,266 | $14,374 |
| Total Monthly Payment | $10,631 | $11,587 | $15,695 |
* 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.