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Middle Village North: Discover the perfect blend of comfort and investment potential with this lovingly maintained two-family brick home in the highly sought after neighborhood of Middle Village. Both units of this home provide spacious layouts with two generously sized bedrooms, a full bathroom, a bright living room, dining area, and a kitchen. Additionally, the second-floor unit includes two private balconies (front and back of the property). Additional features of this home include a full finished basement with a half bathroom and excellent ceiling height, hardwood floors throughout, an updated hot water heater & boiler, an extra-large private driveway with space for two cars, and your own expansive fenced in private yard, providing a peaceful oasis away from the everyday hustle and bustle of Queens living. Conveniently located near the extremely popular scenic Juniper Valley Park, providing 55-acres of lush greenery and space for outdoor recreation, as well as Metropolitan Avenue for ample shopping and restaurant options, and easy access to public transportation, including the first stop on the M-train line to Manhattan, Q38, Q54, and Q67 local bus lines. Excellent opportunity for a 1031 exchange.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,098,000
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 | $878,400 | $878,400 | $878,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $901 | $901 | $901 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,715 | $5,126 | $7,177 |
| Total Monthly Payment | $5,741 | $6,152 | $8,203 |
* 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.