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Rare 2-Family Opportunity in the Heart of Middle Village Unlock the potential of this expansive, legal two-family residence, perfectly positioned for savvy investors or those seeking a spacious multi-generational home. This well-maintained property combines substantial square footage with a versatile layout, featuring 5 bedrooms and 3 full bathrooms. Key Property Features: • Income or Extended Family Potential: Two independent living units, each featuring dedicated laundry hookups for total autonomy. • Quality Interior: Move-in ready with polished hardwood flooring throughout, efficient gas heating, and gas cooking. 5 Month Old Heating System. • Flexible Bonus Space: A fully finished basement offers significant additional room, perfect for a professional home office, private gym, or media center. Outdoor Retreat: Enjoy a rare slice of tranquility in the private backyard. The exterior has been upgraded with a brand-new patio and deck, creating the perfect environment for weekend hosting or quiet evenings. Prime Location: Situated in one of Queens' most sought-after pockets, you are mere steps away from: • Seamless Transit: Quick access to local transportation for an easy commute. • Lifestyle Amenities: A diverse array of cafes, local boutiques, and major shopping centers.
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:
$1,249,999
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 | $999,999 | $999,999 | $999,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $652 | $652 | $652 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,678 | $6,076 | $8,439 |
| Total Monthly Payment | $6,455 | $6,853 | $9,216 |
* 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.