Fully renovated, legal two family on a generous 4, 000 sq ft lot in Old Howard Beach, set on a well kept and quiet residential block. Offering a total of six bedrooms and four bathrooms across two units, with plumbing already in place for two additional bathrooms in the walk in basement. This is a true top to bottom renovation with a clean, modern, opulent finish throughout. Each unit mirrors the other with three bedrooms and one and a half bathrooms, featuring open concept L shaped living and dining areas that flow seamlessly into beautifully designed kitchens. Both kitchens are built for real use and entertaining, with corian countertops, custom cabinetry, stainless and black stainless steel appliances, and expansive counter space including bar seating. The first floor kitchen also features a built in wine refrigerator, adding an extra level of detail. Recessed lighting and sleek greige flooring run throughout, giving the home a bright and cohesive feel. Bedrooms in both units are generously sized, and the bathrooms are larger than what you typically see, with well proportioned layouts and clean finishes. Each primary bedroom includes its own half bath for added convenience. The front exterior has been completely redone with updated siding, stonework, and pavers, leading to a fully paved, low maintenance backyard that is ideal for entertaining, hosting, and everyday use. A detached two car garage with certificate of occupancy adds even more value and functionality. The basement offers significant upside with high ceilings and two separate exterior entrances, including a walk in, making it ideal for future expansion with proper egress already in place. Located in Zone X, this property does not require flood insurance.
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Our Executive Mortgage Banker:
$1,229,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $983,200 | $983,200 | $983,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $650 | $650 | $650 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,583 | $5,974 | $8,297 |
| Total Monthly Payment | $6,358 | $6,749 | $9,072 |
* 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.