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Welcome to 256-20 Francis Lewis Boulevard, a spacious two-family Colonial-style home located in the heart of Rosedale, Queens. Situated on an oversized lot measuring approximately 7, 100 square feet, this property offers a rare opportunity for comfortable multi-generational living or income-producing potential. The home features a total of eight bedrooms and three bathrooms across two well-proportioned units, with heigh ceilings a flexible layout that allows for customization to suit your needs. The property includes multiple eat-in kitchens, generous living spaces, and a full basement with additional potential. Built in 1899, the home retains classic charm while offering ample square footage throughout. The expansive backyard is a standout feature, providing abundant outdoor space ideal for ADU, entertaining, gardening, or future enhancements. With its large lot size, the property offers privacy and versatility that are hard to find in the area. Conveniently located near transportation, schools, shopping, and major roadways, this home combines suburban comfort with city accessibility. While the property may require some updating, it presents a fantastic opportunity for buyers looking to renovate, invest, or create a long-term residence in a desirable Queens neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.996% | 5.806% |
| Monthly Tax Payment | $777 | $777 | $777 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,861 | $4,254 | $5,924 |
| Total Monthly Payment | $4,730 | $5,123 | $6,793 |
* 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.