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Welcome to 150-44 87th Road, a spacious and versatile property located in the desirable Briarwood neighborhood. Situated on a generous 40 x 100. 83 lot, this legal two-family home is currently configured and enjoyed as a large single-family residence, offering abundant living space across multiple levels. The first floor features an approximately 18 x 50 layout with 2 bedrooms, 2 full bathrooms, a bright living room, and a functional kitchen. The second floor offers an 18 x 36 layout with 3 bedrooms and 1 full bathrooms, providing comfortable space for extended living. The finished attic offers an 18 x 24 layout and adds valuable bonus space with an open layout and an additional bathroom, perfect for a recreation area, home office, or guest suite. The home also includes a full finished basement 18 x 42 layout offering additional living, entertainment, or storage possibilities. A one-car garage is conveniently located at the rear of the property. Ideally located just minutes from the E & F subway lines for an easy commute to Manhattan, and close to local restaurants, supermarkets, shopping, and neighborhood amenities. This is a wonderful opportunity to own a spacious property in one of Briarwood’s most convenient locations.
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Our Executive Mortgage Banker:
$1,198,000
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 | $958,400 | $958,400 | $958,400 |
| 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 | $728 | $728 | $728 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,367 | $5,823 | $8,023 |
| Total Monthly Payment | $6,220 | $6,676 | $8,876 |
* 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.