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This beautifully renovated legal mother-daughter home sits on a generous 20, 000-square-foot lot and offers exceptional space, flexibility, and investment potential. The second floor features three bedrooms, a spacious living room, a full kitchen, and a full bathroom, along with a private balcony that overlooks and provides access to the backyard garden. The first floor includes two bedrooms, a living room, a full kitchen, and a full bathroom, with a rear entrance leading directly to the backyard. A private driveway leads to the garage, while beautifully landscaped gardens on both sides of the home enhance its curb appeal and create a peaceful outdoor setting. Located in a highly desirable area, the property is within the district of one of Long Island’s top-ranked schools, currently recognized as the third-best school in Long Island. Residents also enjoy convenient transportation options, including close proximity to the Long Island Rail Road (LIRR) station, with Flushing just a 15–20 minute drive away. The expansive 20, 000-square-foot lot offers ample outdoor space with the potential to add a private tennis court or basketball court. Offering ample living space, a prime location, and flexible living arrangements, this property is an excellent opportunity for owner-occupants, multi-generational families, or investors alike.
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Our Executive Mortgage Banker:
$1,038,000
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 | $830,400 | $830,400 | $830,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,051 | $1,051 | $1,051 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,715 | $5,046 | $7,007 |
| Total Monthly Payment | $5,891 | $6,222 | $8,183 |
* 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.