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229-24 Edgewood Avenue, Laurelton, Queens, NY 11413 Welcome to this beautifully renovated, detached legal two-family residence located in the highly desirable Laurelton neighborhood of Queens. This exceptional property offers the perfect blend of modern finishes, functionality, and income potential. Each unit features three spacious bedrooms, one full bathroom, a bright living room, formal dining area, and an eat-in kitchen equipped with stainless steel appliances, creating comfortable and stylish living spaces throughout. The home also boasts a fully finished basement with recreation rooms, a full bathroom, and a separate private entrance, offering flexible use for extended living, entertainment, or additional space. Additional highlights include two private balconies, a beautiful fenced backyard, and a private driveway with a rare four-car garage, providing ample parking and convenience. The exterior has been tastefully updated with modern stucco finishes and an impressive redesigned entrance, enhancing curb appeal. Conveniently located close to shops, schools, and public transportation, this property will be delivered vacant and is easy to show, making it an excellent opportunity for both end-users and investors alike. A truly move-in-ready multifamily home in an exquisite location—don’t miss it.
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Our Executive Mortgage Banker:
$1,225,000
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 | $980,000 | $980,000 | $980,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $881 | $881 | $881 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,564 | $6,034 | $8,270 |
| Total Monthly Payment | $6,570 | $7,040 | $9,276 |
* 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.