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Exceptional opportunity to own a solid two family residence in the highly sought after Fresh Meadows neighborhood. Perfectly suited for both savvy investors and end users, this property features a versatile layout consisting of a 2 bedroom, 1 bathroom unit over another 2 bedroom, 1 bathroom unit. Each floor offers comfortable, sun drenched living spaces, including generously sized rooms, dedicated dining areas, and functional kitchens. The property sits on an impressive oversized lot, providing rare outdoor space and a detached two car garage ideal for parking, storage, or additional creative possibilities. A full, expansive basement adds significant value, offering a massive footprint for recreation, laundry, or future finishing. Convenience is at your doorstep with immediate access to the Long Island Expressway for a seamless commute. Public transportation is easily accessible via the nearby Q17, Q65, Q74, and Q88 bus lines. Residents will also enjoy close proximity to the lush greenery of both Kissena Park and Cunningham Park. This is a rare chance to acquire a multi family home with great bones and endless potential in a prime Queens location.
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.
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Our Executive Mortgage Banker:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
| 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 | $572 | $572 | $572 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,371 | $5,828 | $8,030 |
| Total Monthly Payment | $6,068 | $6,525 | $8,727 |
* 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.