358 Beach 88th Street, Queens (Hammels), NY, 11693 | $680,000
Bright Coastal Multi-Family Townhome in the Heart of Rockaway Beach
Discover the perfect blend of comfort, income potential, and coastal charm in this darling two-over-one townhome just moments from the sand and surf of Rockaway Beach.
This delightful property features a two-bedroom, one-bathroom unit over a one-bedroom, one bath residence, offering flexibility for investors, end-users, or a guest home for weekend visitors. Each residence enjoys sun-filled interiors and original hardwood floors, ideal for relaxed beachside living.
The bright and airy upper duplex offers a living and dining area, a kitchen, and two serene bedrooms. The lower-level apartment features a kitchen, separate dining and living areas. The large bathroom includes an original cast iron claw foot tub. Both units offer access to a fenced backyard-perfect for entertaining or unwinding after a day at the beach.
Additional highlights include updated mechanicals and laundry with ample storage for surfboards and recreational gear in the garden level basement. Conveniently located near the newly revamped, five-acre Bay Breeze Park on Jamaica Bay, boardwalk, and sandy Atlantic shores of Rockaway Beach. Minutes from local cafés, restaurants and nightlife, with a variety of transportation options including JFK and the NYC Ferry, this home makes it easy to embrace the laid-back Rockaway lifestyle while staying connected to the city.
Whether you're seeking a primary residence with rental income, a smart investment property, or a coastal getaway, don't miss your opportunity to own the beach. Schedule your private tour today!
Features
- Town: Queens
- Amenities: Garden;
- Rooms: 10
- Laundry: InUnit
- Year Built: 1920
- Cooling: Unknown Type
- Service Level: None
- Built Size: 12'x26'
- OLR#: RLS20057699
- Days on Market: 75 days
- Website: https://www.raveis.com
/prop/RLS20057699/358beach88thstreet_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Serhant LLC
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
358 Beach 88th Street, Queens (Hammels), NY, 11693
$680,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $544,000 | $544,000 | $544,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,132 | $3,258 | $4,337 |
| Total Monthly Payment | $3,224 | $3,350 | $4,429 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535