Well-maintained brick two-family home built in 2002 approx 3240 interior sq ft (1st, 2nd & Basement ), located just 4–5 blocks from Bell Blvd and the Bayside LIRR station. This property features two mirror-image apartments, each offering 3 bedrooms and 2 full bathrooms, including a primary bedroom with ensuite on both the first and second floors. The second-floor unit has hardwood flrs under carpet & also includes an extra-large closet and a pull down attic for storage with partial flooring. Each unit boasts an open floor plan with spacious living room, dining area, and kitchen, along with ample storage closets. Private yard and deck, a two-car garage, and a long driveway accommodating 5–6 additional vehicles. The full basement has very high celilings with potential for additional living space. 2 car garage was built with the house in 2002 its has a 2nd floor with pull down stairs. It has 100 amp electrical service to power anything. Also has a cold water feed to have running water, currently a small slop sink in the corner. Door is electrically controlled. Property is ideal opportunity for owner-occupants or investors seeking newer construction in a highly desirable Bayside location close to shopping, dining, transportation, and the LIRR, approx 2 miles to Cross Island Parkway or the Clearview Expressway.
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,420,000 | $1,420,000 | $1,420,000 |
| 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 | $1,168 | $1,168 | $1,168 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,952 | $8,628 | $11,887 |
| Total Monthly Payment | $9,245 | $9,921 | $13,180 |
* 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.