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95-52 112th Street, South Richmond Hill – Legal 3-Family Home with Private Parking Excellent opportunity to own a spacious 3-family property in the desirable South Richmond Hill area. Each unit offers a generous layout featuring 3 bedrooms, 2 full bathrooms, a kitchen, and a living room, making this property ideal for end-users or investors. The second and third floor units each feature private balconies, adding valuable outdoor space and extra appeal for tenants or owner-occupants. The property also includes private parking for 2 cars, a major convenience in the neighborhood. Conveniently located near shopping, public transportation, schools, and major roadways, 95-52 112th Street offers strong rental potential and long-term investment value in a well-established Queens community. A great opportunity for buyers seeking income-producing property, or a solid addition to their real estate portfolio. This property does have private driveway but this property has the easement on file that lot 28 (9550 112th street) and lot 29 (9552 112th street) are bound together into a one zoning lot by means of zoning lot description on file at the NYC R's office CRFN no. 200 7000 238543 to share the driveway to access the parking in the backyard of the building.
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Our Executive Mortgage Banker:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| 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% | 6.259% | 6.058% |
| Monthly Tax Payment | $1,192 | $1,192 | $1,192 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,824 | $6,319 | $8,706 |
| Total Monthly Payment | $7,141 | $7,636 | $10,023 |
* 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.