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Welcome to this fully renovated 2-Family Condo Townhouse located in the highly desirable College Point neighborhood. Situated in a quiet and scenic residential setting, this property offers the perfect blend of comfort, convenience, and investment potential. This spacious townhouse features: • First Floor: 2 Bedrooms, Full Bathroom + Private Garage • Second Floor: 3 Bedrooms, 2 Full Bathrooms with high ceilings and excellent natural light • Private backyard space perfect for outdoor enjoyment The thoughtfully updated interiors provide modern finishes throughout, making this property truly move-in ready. Prime location highlights include: – Close proximity to waterfront parks and recreational areas – Minutes to Flushing downtown – Convenient access to LaGuardia Airport – Easy access to major highways including I-495 and I-678 Ideal for end-users seeking multi-generational living or investors looking for strong rental income potential. Estimated rental income: • Second Floor: approx. $3, 500/month • First Floor: approx. $3, 500/month Whether you’re looking for a comfortable primary residence with additional income or a high-performing investment property, this is an exceptional opportunity not to be missed.
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Our Executive Mortgage Banker:
$1,088,000
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 | $870,400 | $870,400 | $870,400 |
| 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 | $552 | $552 | $552 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,874 | $5,289 | $7,286 |
| Total Monthly Payment | $5,551 | $5,966 | $7,963 |
* 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.