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Presented by
White & White |
Welcome to 142-62 Bascom Avenue, a well-maintained residential property located in the South Jamaica section of Queens. This home features a functional layout with multiple bedrooms and bathrooms, offering flexible living space suitable for a variety of needs. The property includes a spacious living area, formal dining space, and a kitchen with ample cabinet storage. Natural light is present throughout the home, enhancing the interior living environment. Additional features include a private ( shared)driveway and outdoor space, providing opportunities for parking and recreation (buyer to verify). Conveniently situated near public transportation, major roadways( belt & Van Wyck expressway), schools, shopping, and other neighborhood amenities. This property presents an opportunity for end-users or investors seeking a home in a well-established Queens community. Great for anyone who wants to customize their property , great for buyers with a vision
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,998
Sales Associates
William Raveis Real Estate
Phone: 781.424.1989
WhiteandWhite@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,998 | $479,998 | $479,998 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | $284 | $284 | $284 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,839 | $2,995 | $3,890 |
| Total Monthly Payment | $3,215 | $3,371 | $4,266 |
* 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.