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Located in the heart of desirable Maspeth, this corner property is a legal two-family home currently configured and enjoyed as a spacious one-family residence. The property offers a unique and functional layout with a private driveway on one side featuring direct access into the home, while the opposite side opens to a private yard with additional interior access — ideal for everyday convenience and entertaining. Inside, you’ll find quality craftsmanship, thoughtful details, and generous living space throughout. The second-floor apartment has been converted into three well-sized bedrooms, including a walk-in closet, creating a comfortable and versatile setup. The home can also be easily converted back to a two-family configuration, as the existing plumbing remains within the walls as well 2 electric meters in place. Conveniently located near schools, library, parks, shopping, restaurants, and more this home also offers easy access to the LIE, BQE, subways, and local bus lines, making commuting and everyday living incredibly convenient. A rare opportunity to own a flexible home with great space, layout, and potential in the heart of Maspeth. **FIRST SHOWING THIS SATURDAY, MAY 23RD 11AM - 1PM
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Our Executive Mortgage Banker:
$1,148,000
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 | $918,400 | $918,400 | $918,400 |
| 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 | $461 | $461 | $461 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,215 | $5,655 | $7,750 |
| Total Monthly Payment | $5,801 | $6,241 | $8,336 |
* 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.