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Enter this 2-family brick home located in the heart of Fresh Meadows. This spacious property offers a fantastic opportunity for end-users, investors, or multigenerational living. The first floor features a bright and airy living room, a formal dining area, an efficiency kitchen, 2 bedrooms, and a full bath. The second floor includes an oversized living room, a separate dining area, an updated kitchen, 2 bedrooms, and 1 full bath. The unfinished basement offers additional recreation space, storage, utilities, and outside entrance access. Enjoy a private driveway and attached garage, providing multiple parking options. Situated close to shopping, parks, major highways, and top-rated SD #26 schools, this home delivers the perfect blend of comfort and convenience in a highly desirable Fresh Meadows neighborhood. This is a must-see property with tremendous potential! Property Highlights 2-Family Legal Brick Home (Great for Investors & End-Users) Total of 4 Bedrooms + 2 Full Bathrooms Basement with Outside Entrance Attached Garage + Private Driveway Strong Rental Income Opportunity Well-kept property with fantastic potential Quiet residential block in the heart of Fresh Meadows Location, Schools & Convenience This home is perfectly situated near major highways, express/local bus routes, shopping, restaurants, parks, and all the conveniences of Fresh Meadows living. Part of the highly ranked School District 26, known for its excellent public education. Nearby amenities include: St. John’s Univesity Fresh Meadows Shopping Center LIJ Medical Center Minutes to Long Island Expressway. Whether you are looking to live in one unit and rent the other, or lease both levels for attractive cash-flow potential, this Fresh Meadows 2-family home delivers endless opportunities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
| 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 | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | $850 | $850 | $850 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,368 | $5,836 | $8,171 |
| Total Monthly Payment | $6,343 | $6,811 | $9,146 |
* 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.