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Property Layout & Configuration Dimensions: The structure has a solid footprint (21. 5* 44. 5) on a standard 30*100 lot. Three Separate Entrances: This is a major highlight, providing privacy for the second floor, first floor, and the finished basement. Unit Breakdown: 2nd Floor: A spacious 3-bedroom, 2-bathroom setup (including a master suite) with a skylight and balcony. 1st Floor: A 2-bedroom, 1-bathroom unit with direct access to the attached garage. Basement: Fully finished with high ceilings, two rooms, a full bath, and laundry facilities. Utilities & Mechanicals Separated Systems: Having two separate gas and electric meters is a significant advantage for a two-family home, as it simplifies utility billing between floors. Redundancy: The dual hot water tanks and furnaces ensure that both units have independent control over their climate and hot water. Location Highlights School District: Being within Queens District 26 is often a primary driver for property value in this area, as it is consistently ranked among the best in New York City. Transit & Accessibility: The proximity to Northern Blvd and Bell Blvd offers excellent dining and retail options, while the walking distance to the LIRR Bayside Station and local bus lines makes it an ideal spot for commuters.
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Our Executive Mortgage Banker:
$1,668,000
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 | $1,334,400 | $1,334,400 | $1,334,400 |
| 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 | $896 | $896 | $896 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,577 | $8,216 | $11,260 |
| Total Monthly Payment | $8,598 | $9,237 | $12,281 |
* 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.