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Welcome to this spacious Hi-Ranch located in the New Howard Beach section on a 40x100 lot, offering just under 2, 500 square feet of living space. Being sold "as-is". This home presents an excellent opportunity for someone looking to update and personalize. The main level features a formal living room, dining room, and a large eat-in kitchen with great potential to be opened for a more open and airy layout, along with three bedrooms including a generously sized primary bedroom (approx. 16' x 13'). The main bathroom is currently set up in a shared configuration connecting both the hallway and the primary bedroom, featuring two separate toilet areas that share one tub/shower, providing the option to reconfigure into a private en-suite and a separate hall bath if desired. The lower level offers flexible living space with a large L-shaped family room, full bath, and a work/prep area, with access from the front entry as well as a side entrance and rear sliding doors to the backyard. The fireplace on this level is decorative only, as the chimney was previously removed. Additional features include a one-car attached garage, large backyard, forced air heat and central air conditioning, new heater (2021), new roof (March 2025), gutters replaced in 2023, and a new sliding door to the yard (2024). This home offers space and potential to create a layout and style that suits your needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
| 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 | $791 | $791 | $791 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,652 | $4,030 | $5,673 |
| Total Monthly Payment | $4,535 | $4,913 | $6,556 |
* 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.