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RARE LARGE CORNER HOME WITH GUEST LIVING QUARTERS! Don't miss your opportunity to own this beautiful corner property home in New Howard Beach with a double car garage, side yard and spacious floorplan! This two family home converted to a single-family residence still features a separate living quarter on the 2nd floor, complete with 2 bedrooms, an open living and dining space, a kitchenette and full bathroom. The 1st floor boasts a sun-drenched living room, a large eat-in kitchen with ample counter space and cabinet storage, a separate dining room, 3 spacious bedrooms with excellent closet space and a full bathroom. The finished basement offers excellent recreational space, featuring a large walk-in pantry, additional closet storage, a separate exit to the backyard and yet another full bathroom. This home is perfect for a large family or for those who would benefit from additional living quarters that can be separate from the main area. The double car garage also has overhead storage crawl space accessible by a fold down ladder. The side yard, currently a beautiful garden area, is perfect for relaxing. The options here are endless! In the neighborhood, you are walking distance from Cross Bay Boulevard where you will find all your daily essentials, including grocery stores, gyms, salons, and restaurants. The express bus is walking distance from your front door making it easy to commute to Midtown Manhattan. The Belt Parkway is also easily accessible. Bld: 47. 5 x 35. 5 ft Lot: 60 x 100 ft Zoning: R2 FAR: 0. 39; Max FAR: 0. 75 Taxes: $10, 943/Yr Don’t Miss This Great Opportunity!
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Our Executive Mortgage Banker:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $912 | $912 | $912 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,249 | $6,781 | $9,342 |
| Total Monthly Payment | $7,286 | $7,818 | $10,379 |
* 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.