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Welcome Home to 642 Edison! A rare opportunity in Throggs Neck, waiting for its next homeowner. First time on the market in over 30 years, meticulously maintained, move in ready legal two family home that offers true flexibility and space. Thoughtfully cared for and truly loved, this property stands out for both its condition and versatility. This beautiful home features a two bedroom, one and a half bath unit and a one bedroom, one bath unit, offering options for multi generational living, rental income, or you can easily live in it as a single family. As you enter, you are welcomed through a foyer that opens into a warm and inviting living and dining area, perfect for everyday living and gatherings. The layout flows comfortably, with hardwood floors throughout the first floor and underneath the carpeting upstairs. The primary bedroom offers rooftop access, perfect for enjoying the night stars. The two bedroom unit also includes a dedicated office space, ideal for today’s work from home needs. From the kitchen, step out onto a spacious deck that leads to a private yard, creating the perfect setting for summer BBQs, entertaining, or simply enjoying your own outdoor space. Additional updates include a roof less than five years old, oil tank recently replaced within the last eight years, and a deck painted two years ago. Set on a quiet, well maintained block near transportation, restaurants, schools, library, shopping, and mins from major highways. Don't miss your chance to stop by and fall in love with 642 Edison Ave!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $604 | $604 | $604 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,571 | $3,714 | $4,855 |
| Total Monthly Payment | $4,267 | $4,410 | $5,551 |
* 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.