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Presented by
Nick Popielec |
Beautiful updated 4 family in prime corner location in woodhaven. Studio apt just leased 2500 1 bedroom apartment 2250 2 bedroom apartment 2650 1 bedroom apartment 1700(no lease) 109, 000 gross income , taxes only 9100 Potential for increased income with new market rents , studio was just leased for nearly the same rent amount as current two bedroom As an investor or end-user this is a great addition to your portfolio. There are four income producing apartments , we have a two bedroom , 2 one bedrooms and one recently renovated studio. Income and expenses can be provided upon request. The mechanicals were updated in the last two years and the roof has been re-coated and inspected. There is value add opportunity and further opportunity is provided with a r3-1 zoning. Annual taxes are 9, 691. Four Family enables residential financing that can open new investments and lending opportunities for the purchaser such as buying as a first time home for your residence whilst having 3 apartments that cover your expenses entirely.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
Sales Associate
William Raveis Real Estate
Phone: 585.732.3699
Nick.Popielec@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,276,000 | $1,276,000 | $1,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $758 | $758 | $758 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,145 | $7,753 | $10,682 |
| Total Monthly Payment | $8,028 | $8,636 | $11,565 |
* 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.