Discover this exceptional semi-detached two-family home in the desirable Oakland Gardens section of Bayside, offering the perfect blend of income potential and flexible living arrangements. This substantial 23. 5 x 54. 42 foot building provides generous space across seven bedrooms and five bathrooms total. Live in one unit while generating rental income from the other, or accommodate extended family with complete privacy and independence. Each unit operates independently with separate heating systems for individual climate control and utility management. The larger unit spans three levels including a fully finished basement with four spacious bedrooms and 2. 5 bathrooms. The second unit provides comfortable two-floor living with three bedrooms and 2 bathrooms. The expansive layout maximizes every square foot, creating distinct living environments that feel like separate homes. Whether you're an investor seeking strong rental returns, a growing family needing extra space, or multi-generational households wanting proximity with privacy, this property delivers unmatched versatility. Prime location offers excellent commuting options with convenient public transportation including Q30, Q13, Q27, and Q31 bus routes, plus QM20 express service to Midtown Manhattan. Easy highway access via I-495 and Cross Island Parkway provides seamless travel throughout the metro area. You'll enjoy top-rated schools in District 26, nearby parks, and convenient shopping and dining. Don't miss out on this rare combination of size, income potential, prime Oakland Gardens location, and flexible living options.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,590,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,272,000 | $1,272,000 | $1,272,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $1,322 | $1,322 | $1,322 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,635 | $7,322 | $10,309 |
| Total Monthly Payment | $8,082 | $8,769 | $11,756 |
* 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.