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Welcome home to this expanded 3 bedroom brick ranch in the heart of Bay Terrace. Nestled on 8125 square foot corner lot by a quiet private dead-end street. This expansive custom-made home greets you with a front slate patio and an open-air foyer with two entrance doors. This home features a formal dining room with a tiled floor, a family room, an oversized living room with a fireplace, hardwood floors, and access to the backyard. The fully equipped eat-in-kitchen has a dishwasher, stainless steel refrigerator and a chef stove perfectly placed in an alcove with its own exhaust system. An additional exhaust system has been strategically placed over the center island, which has a gas hook up for a second stove. The white cabinetry and Corian countertops provide ample space to enhance your culinary experience and work well with the white tiled floor giving the room a fresh contemporary look. The spacious primary bedroom can easily fit a king size bed, has a double closet the length of the wall, a hardwood floor and is situated in one of the corners of the home giving it plenty of windows for natural sunlight. In the opposite corner you will find a generously sized second bedroom with a floor to ceiling closet. The well-appointed third bedroom is located at the front of the hallway adjacent to the custom-built full bathroom with a jacuzzi tub, granite tiles, a bidet, and a separate shower area. The second full bathroom has Jack & Jill doors for access from both hallways. The dining room and kitchen have sliding glass doors leading out to a massive elevated wrap around south facing concrete porch. Three steps down will bring you to your private patio and access to rest of the spacious backyard and the shed. The basement has tile floors and stores the recently purchased water/heater units. The attic is unfinished and is perfect for storage but does pose the opportunity for a cathedral ceiling in the living room! The possibilities with this property are endless. Such as a professional office to rent or to work from home or an Auxiliary Dwelling Unit for additional income. Investors should also take note of this spacious property in a fantastic location on an oversized lot with the potential to add another floor going up or an extension on the sides. Professionally prepared architectural plans containing an image of a main home with auxiliary dwelling units are available and we would be happy to share them. Just 15 miles from midtown Manhattan. With the MTA express bus conveniently a few blocks away, it is a short commute to the city’s center. If you prefer the train, a quick bus ride to Main Street, Downtown Flushing to the 7 train. Or, even a shorter distance to the Bell Blvd. LIRR station. Bell Blvd also boasts an array of vibrant restaurants and shops. A short distance to Little Neck Bay/Ft. Totten Park for bike and walking trails, field hockey rink, kayaking, and fishing. Bay Terrace Shopping Center is right down the block and Clearview Golf Course is minutes away. Don't miss this opportunity - Call today for a private showing.
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$1,749,999
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 | $1,399,999 | $1,399,999 | $1,399,999 |
| 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 | $1,192 | $1,192 | $1,192 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,303 | $8,059 | $11,347 |
| Total Monthly Payment | $8,620 | $9,376 | $12,664 |
* 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.