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Located in a well-positioned section of Whitestone, this two family ranch-style home presents a unique opportunity to enjoy the feel of a single-family residence with the added benefit of a separate rear unit for income. Whether you choose to live in the main home while offsetting expenses, or rent both units for investment purposes, the property offers flexibility and long-term value. The primary residence functions as a comfortable three-bedroom, one-bathroom home. Upon entry, you are welcomed by a foyer with a coat closet, leading into a bright living room with hardwood floors and a bay window that fills the space with natural light. The eat-in kitchen provides room for everyday dining, while three well-proportioned bedrooms and a renovated full bathroom complete the main level. A full semi-finished basement with a washer and dryer offers additional space for storage or recreation. The home also features two private entrances, front and side yard areas, and an unfinished attic with potential for future use. Central air conditioning and oil heat are in place for year-round comfort. Tucked toward the rear of the property, the second unit is a one-bedroom duplex with a practical and private layout. The upper level includes an eat-in kitchen and bedroom, while the lower level offers an additional room. A full bathroom, in-unit laundry, and private outdoor access enhance its functionality. This unit is equipped with baseboard heating. With the ability to live in one unit and generate supplemental income from the other, or fully maximize rental potential, this property is well suited for both end-users and investors alike. Located just off Francis Lewis Boulevard, the home is close to neighborhood shops, dining, and offers easy access to major highways and surrounding areas. *Some photos are virtually staged
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Our Executive Mortgage Banker:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
| 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% | 6.361% | 6.183% |
| Monthly Tax Payment | $916 | $916 | $916 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,882 | $6,379 | $8,742 |
| Total Monthly Payment | $6,923 | $7,420 | $9,783 |
* 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.