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Welcome to 25-22 45th Street , the perfect starter home in Astoria for buyers ready to stop renting and start building equity. This deal checks all the boxes for a first time home buyer: no renovations necessary, private parking, outdoor space, and all under $1M. This beautifully maintained 2 bedroom, 2 bathroom home was thoughtfully renovated in 2020 with updated plumbing and electrical systems, offering modern comfort and peace of mind. The home features recessed lighting throughout, split unit heating and cooling systems, and a stylish renovated kitchen with two tone cabinetry, white countertops, and a stove hood vented directly through the roof. The finished basement adds exceptional flexibility with its own private entrance, a full bathroom, and impressive 7. 5 foot ceilings , ideal for guests, recreation, a home office, or extended living space. Situated on an R5 zoned lot with approximately 2, 052 additional buildable square feet, this property may also offer future expansion potential for buyers and investors alike. The neighboring property was expanded by two additional levels and converted into a legal 3 family home, showcasing what may be possible. Buyers are encouraged to consult with an architect to verify buildability and zoning possibilities. Why settle for a condo when you can enjoy the privacy, space, and convenience of owning a true home in one of Queens’ most sought after neighborhoods?
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Our Executive Mortgage Banker:
$999,000
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 | $799,200 | $799,200 | $799,200 |
| 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 | $620 | $620 | $620 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,475 | $4,856 | $6,690 |
| Total Monthly Payment | $5,187 | $5,568 | $7,402 |
* 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.