Welcome to 220-53 137th Road in Laurelton, where opportunity meets transformation. If you saw this home when it was previously on the market, prepare to see it in a completely different light. This fully detached side-by-side two-family has undergone a full-scale renovation and total reinvention, delivering a true turnkey experience with brand new everything. This impressive two-bedroom over four-bedroom layout offers flexibility for both end-users and investors, combining strong income potential with the comfort of a beautifully upgraded home. From the moment you arrive, the upgrades speak for themselves. Brand new roof, brand new siding, brand new windows throughout, brand new boiler, brand new hot water tanks, and a brand new thermostats give you peace of mind for years to come. Inside, you’ll find refinished hardwood floors and fresh paint throughout, creating a clean, crisp, modern canvas ready for your personal touch. And just when you think you’ve seen it all, there’s more: The home includes additional bonus upgrades not shown in the photos: two additional renovated kitchens, new drop ceiling in basement and new entryway pavers! The basement is a standout feature, offering a full outside separate entrance, kitchen area, open recreation space, bonus room, full bathroom with both shower and jacuzzi tub and two walk-in closets, providing exceptional flexibility for extended living, recreation or additional use. Outside, enjoy an expansive backyard with shed, stone seating area and concrete pavers, designed for durability and low maintenance. The private 4-car driveway ensures parking is never a concern, a rare and valuable convenience. And unlike many multifamily purchases, there’s no messy tenant or owner move-out to deal with. The property is fully ready for its new owners to move right in or begin generating income immediately. Only 3 miles from JFK Airport, minutes from North and South Conduit Avenue, the Belt Parkway, and local MTA bus lines along Springfield Boulevard. Just 0. 6 miles from the LIRR Laurelton station and 1. 3 miles from the LIRR Rosedale station, commuting is seamless. Nearby shopping centers including Green Acres Mall, schools, houses of worship and everyday conveniences along Springfield and Merrick Boulevard further enhance the appeal of this prime location. This is a home that’s been completely reimagined, upgraded and prepared for its next chapter. All that’s left is for you to step in and make it yours.
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Our Executive Mortgage Banker:
$1,145,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $916,000 | $916,000 | $916,000 |
| 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 | $639 | $639 | $639 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,129 | $5,566 | $7,668 |
| Total Monthly Payment | $5,893 | $6,330 | $8,432 |
* 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.