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Discover an exceptional opportunity to own a beautifully maintained legal two-family home in the heart of Valley Stream. This home offers comfort, versatility, and strong income potential. Whether you're looking to live in one unit and rent the other, create a multigenerational living setup, or expand your investment portfolio, this property delivers. Each unit has a separate entrance for privacy. Also features an expansive full finished basement with a separate entrance and tons of potential. Off street parking available, two car detached garage as well. Updated kitchen and bath, new vinyl flooring, Andersen windows, updated siding. Each unit has its own electric meter and consists of a large Livingroom with large bay window, Formal Dining Room, Eat in Kitchen with SS appliances, two bedrooms and a full bath. The main floor also features an enclosed three-season room with lots of sunlight and a door to the backyard. Property has inground sprinklers. Home is located close to LIRR, transportation, shopping, dining and local amenities. Commuters' paradise! Convenience is an understatement! Don't miss this opportunity.
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:
$1,099,990
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 | $879,992 | $879,992 | $879,992 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,360 | $1,360 | $1,360 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,928 | $5,276 | $7,308 |
| Total Monthly Payment | $6,413 | $6,761 | $8,793 |
* 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.