|
Expanded 3-bedroom brick ranch in the heart of Bay Terrace • Situated on an oversized 8, 125 sq. ft. corner lot on a quiet private street • Welcoming front slate patio and open-air foyer with dual entry doors • Formal dining room with tiled flooring • Spacious family room and oversized living room with fireplace • Hardwood floors throughout Kitchen Features • Fully equipped eat-in kitchen • Stainless steel refrigerator and dishwasher • Chef's stove in dedicated alcove with its own exhaust system • Center island with gas hookup for a second stove and separate exhaust • White cabinetry and Corian countertops • White tiled flooring and abundant workspace Bedrooms & Bathrooms • Large primary bedroom with space for a king-size bed • Wall-length double closet in primary bedroom • Corner location with abundant natural light • Spacious second bedroom with floor-to-ceiling closet • Generous third bedroom • Custom full bathroom featuring: o Jacuzzi tub o Separate shower o Bidet o Granite tile finishes • Second full bathroom with convenient Jack-and-Jill access Outdoor Living • Living room, dining room and kitchen with direct access to the backyard • Massive elevated south-facing wraparound concrete porch • Private patio and expansive backyard Additional Features • Finished basement with tiled floors • Recently installed water heater and mechanical systems • Unfinished attic with excellent storage potential • Opportunity to create cathedral ceilings in the living room Exceptional Potential • Ideal for a professional or medical office • Potential for an Accessory Dwelling Unit (ADU) for rental income or guest accommodations • Oversized lot offers expansion opportunities • Potential to add a second story or side extensions (subject to approvals) • Architectural plans available showing a main residence with auxiliary dwelling units Prime Location • Approximately 15 miles from Midtown Manhattan • MTA Express Bus just a few blocks away • Easy access to Downtown Flushing and the 7 Train or LIRR • Close to the Bell Boulevard LIRR Station • Near restaurants, cafés, and shopping • Minutes from Little Neck Bay and Fort Totten Park • Enjoy nearby trails, fishing, kayaking, and recreational facilities • Conveniently located near Bay Terrace Shopping Center • Close to Clearview Golf Course Don’t miss this rare opportunity to own a spacious home with endless possibilities in one of Bay Terrace's most desirable locations.
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:
$1,648,888
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 | $1,319,110 | $1,319,110 | $1,319,110 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.157% | 6.137% |
| Monthly Tax Payment | $1,192 | $1,192 | $1,192 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,490 | $7,909 | $11,043 |
| Total Monthly Payment | $8,807 | $9,226 | $12,360 |
* 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.