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Welcome to this spacious Colonial-style residence located in the heart of Elmhurst. Boasting over 2, 000 square feet of living space, this home offers a significantly larger footprint than many comparable properties in the immediate area. The layout features three generously sized bedrooms and two full bathrooms, providing ample room for comfortable living. A standout feature is the full walk-out basement with a separate entrance, offering tremendous versatility for a recreation room, home office, or guest area. The property sits on a deep lot and includes a private garage with a long driveway, ensuring convenient parking—a rarity in this bustling neighborhood. With R5 zoning, there is also distinct potential for future expansion or customization to maximize the home's value. Ideally situated for commuters, the home is just blocks from the Grand Avenue–Newtown and Elmhurst Avenue subway stations (M & R lines) and is well-served by local bus routes (Q53/Q58), making the trip to Manhattan or other parts of Queens seamless. Enjoy close proximity to the Queens Center Mall, diverse dining options, and local parks. This is a unique opportunity to own a substantial home with endless potential in one of Queens' most vibrant markets. Sold as-is.
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Our Executive Mortgage Banker:
$990,000
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 | $792,000 | $792,000 | $792,000 |
| 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 | $265 | $265 | $265 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,497 | $4,876 | $6,683 |
| Total Monthly Payment | $4,854 | $5,233 | $7,040 |
* 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.