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Welcome to 2395 East 3rd Street, a rare Gravesend multifamily duplex + additional apartment offering an unbeatable location, modern upgrades, and the incredible opportunity to create your dream home while generating separate, steady rental income. Perfectly situated on one of the neighborhood’s most desirable residential blocks, this property puts you moments from Avenue U, Kings Highway, shopping, dining, houses of worship, top rated schools, and multiple subway lines, delivering unmatched convenience and long-term value for all. Inside, you’ll find a solidly built home with a bright open concept layout, granite countertops, stainless steel appliances, and newly updated electric and plumbing, along with plenty of room to elevate and customize to your desire. The versatile floor plan is ideal for multi-generational living, extended family use, or buyers looking to offset their mortgage with a high demand income producing unit. With strong investment potential in a neighborhood known for stability and growth, this property is a smart, long-term asset for end users and investors. Homes offering this combination of location, upgrades, and income opportunity rarely hit the market in Gravesend — this is your chance to secure a property that grows with you both financially and personally.
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:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
| 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 | $1,053 | $1,053 | $1,053 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,495 | $8,127 | $11,139 |
| Total Monthly Payment | $8,673 | $9,305 | $12,317 |
* 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.