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This meticulously maintained, owner-occupied two-family semi-detached home at 63-25 60th Place offers a rare opportunity to own a turnkey property in the heart of Ridgewood. Delivered fully vacant, the residence is defined by its expansive open-concept layouts and a south-facing orientation that ensures the interior is sun-drenched with natural light throughout the day. The aesthetic combines classic character with modern living, featuring high ceilings, authentic exposed brick, and gleaming hardwood floors. For those looking to customize their space without the burden of a full renovation, the home’s excellent condition allows for simple, high-impact cosmetic updates—such as modernizing light fixtures, moldings, or cabinetry—to easily build instant equity. The property’s functional features are just as impressive as its charm. The home is equipped with top-of-the-line, high-efficiency Navien systems for both heat and hot water, ensuring modern reliability and energy savings. A private balcony off the first floor offers a peaceful outdoor retreat, while the full basement boasts exceptionally tall ceilings, providing massive potential for storage or recreation. Adding to its immense value is the rare inclusion of a two-car garage, a highly sought-after commodity for the area. The location is unparalleled, situated just one block from the Forest Avenue retail corridor and approximately 0. 6 miles from the M-train for a seamless commute. Residents are perfectly positioned among Ridgewood’s most celebrated culinary and cultural landmarks. The property is equidistant to neighborhood institutions like Gottscheer Hall, Mano’s, and Rosa’s Pizza, and is conveniently located near trendy favorites including Salvo’s, Hellbender, and the acclaimed Rolo’s. This is a premier choice for an end-user seeking a high-income rental to offset a mortgage or an investor looking for a pristine, vacant asset in one of Queens’ most desirable submarkets.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $724 | $724 | $724 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,986 | $7,703 | $10,786 |
| Total Monthly Payment | $7,835 | $8,552 | $11,635 |
* 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.