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Space, style & modern luxury come together at 1611 East 91 Street! This meticulously renovated TWO Family will captivate you from the moment you arrive with its warm & welcoming energy. Perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Configured as a 2 bedroom 1 bath rental unit which has the ability to generate $2, 800/month to assist with mortgage payments. The owners 2 bedroom 1 bath can easily be used as a garden-basement duplex to create additional living/recreational space. Both units enjoy modern, open concept living/dining areas which provide great space for entertaining. Stunning chefs granite kitchens equipped with floor to ceiling custom cabinetry, a full fleet of stainless steel appliances & island for bar stool seating. Spacious bedrooms with ample closet space. Fully tiled bathrooms adorned with state of the art wall & floor tiles. The high ceiling full finished basement has both interior and exterior access and can easily be used as a in-law suite, guest quarters, media den, storage space or additional recreational space. Renovations include brand new select wood flooring, recessed lighting, brand new electrical, heating, plumbing and energy efficient split unit central A/C Systems. This masterfully re-imagined two family is located just short blocks to major transportation. Just off Seaview Avenue, Remsen Avenue, Rockaway Parkway, Belt Parkway. Quick Easy commute to JFK Airport, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
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:
$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** | 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 | $390 | $390 | $390 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,752 | $4,140 | $5,829 |
| Total Monthly Payment | $4,234 | $4,622 | $6,311 |
* 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.