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Presented by
The Lucci Witte Team |
A fully detached 2-family home located in the heart of Canarsie, Brooklyn. This property offers an excellent opportunity for both investors and end-users seeking strong rental income and flexible living space. The home features three separate living spaces with great income potential. The first floor unit offers a spacious layout with 3 bedrooms, living room, dining room, kitchen, and a full bathroom, providing comfortable living space ideal for an owner’s unit. VACANT The second floor apartment includes 1 bedroom, living room, dining room, kitchen, and full bathroom. The current tenant is paying $2, 700 per month, with the option to deliver the unit vacant at closing, giving the buyer flexibility to either maintain rental income or occupy the space. The basement apartment features a 1 bedroom unit and is currently occupied but will be delivered vacant at closing, offering additional income potential or extended living space. This fully detached property sits on a quiet residential block and includes a private driveway, a highly desirable feature in Brooklyn. Conveniently located near Flatlands Avenue shopping, restaurants, schools, and parks, and close to multiple public transportation options including B6, B84, B13, B20 bus lines and subway access via the 2, 3, 4, and 5 trains, providing easy commuting throughout Brooklyn and Manhattan.
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Our Executive Mortgage Banker:
Our Insurance Division:
$869,000
Sales Associates
William Raveis Real Estate
Phone: 978.273.0099
TheLucciWitteTeam@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $695,200 | $695,200 | $695,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $502 | $502 | $502 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,839 | $4,168 | $5,773 |
| Total Monthly Payment | $4,433 | $4,762 | $6,367 |
* 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.