Exceptional Legal Two-Family Home Offering Rare Versatility, Strong Income Potential, And Timeless Curb Appeal In This Excellent Opportunity. The Handsome Brick-And-Vinyl Exterior Opens To Two Generously Proportioned Units, A 3-Bedroom Over A 3-Bedroom, Each With Its Own Private Entrance For True Separation And Privacy. A Third Private Entrance Leads To A Full Basement With Walk-Out Access, Delivering Incredible Flexibility For Storage, Recreation, A Home Gym, Or Extended Space. Outside, A Private Driveway And A Lovely Yard Round Out The Package, Creating The Perfect Backdrop For Summer Barbecues, Gardening, Or Quiet Mornings Outdoors. Tucked Onto A Tranquil Tree-Lined Block Just Around The Corner From Centerville Park, The Setting Is Peaceful Yet Remarkably Well-Connected. Enjoy Seconds-Away Access To Major Highways, A Quick Drive To The Rockaway Beaches, An Easy Commute To Manhattan, And Effortless Reach To Long Island's North And South Shores. Cross Bay Boulevard Is Minutes Away, Offering An Impressive Lineup Of Restaurants, Cafes, Nightlife, Boutique Shopping, And Major Retail Centers. Whether You're Seeking An Owner-Occupant Opportunity With Rental Income, A Multi-Unit Investment, Or A Classic Queens Two-Family With Enduring Value, This Home Checks Every Box. A Rare Blend Of Space, And Opportunity. Not To Be Missed.
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Our Executive Mortgage Banker:
$1,100,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| 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 | $808 | $808 | $808 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,928 | $5,347 | $7,367 |
| Total Monthly Payment | $5,861 | $6,280 | $8,300 |
* 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.