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Welcome to 722 Elton Street, a beautifully maintained detached single-family home situated on an oversized 30x100 lot in the heart of East New York. This spacious home offers a desirable open-concept first floor featuring a bright living room, formal dining area, eat-in kitchen, and a full bathroom, creating the perfect layout for both everyday living and entertaining. The second floor includes three generously sized bedrooms and an additional full bathroom, while the finished basement provides valuable extra living or recreational space. Outside, enjoy a large private lot with ample parking and a detached two-car garage — a rare find in Brooklyn. Annual real estate taxes are only $2, 993, making this an incredible opportunity for affordable homeownership. Conveniently located near the New York City Subway and major roadways including the Belt Parkway, the property offers easy access throughout Brooklyn, Queens, and Manhattan. Residents will also enjoy nearby parks, shopping, schools, restaurants, and all the neighborhood conveniences that make East New York a growing and vibrant community.
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:
$868,000
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 | $694,400 | $694,400 | $694,400 |
| 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 | $249 | $249 | $249 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,943 | $4,276 | $5,860 |
| Total Monthly Payment | $4,284 | $4,617 | $6,201 |
* 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.