Welcome to this beautifully maintained legal two-family residence situated on a peaceful, tree-lined street in the heart of Ridgewood, Queens. This property blends classic charm with thoughtful updates. The first-floor unit boasts a large living room, two comfortable bedrooms, a full bath, and an updated eat-in kitchen equipped with modern appliances and a stylish island. The primary bedroom is complemented by a bright enclosed porch, ideal as a home office, reading nook, or private retreat. Just off the kitchen, a mudroom with new flooring, a new entry and storm doors. The unique staircase accented by intricate woodwork and decorative mosaic tile, creating a warm and welcoming transition to the upper level. The second apartment is filled with natural light and offers an airy entertaining area, a large kitchen with ample cabinetry, a fully renovated bathroom, and two well-proportioned bedrooms, including plenty of closet space. The fenced backyard provides a private outdoor setting for gardening, barbecues, swimming, or simply unwinding after a long day. The partially finished basement adds valuable bonus space with a half bath, washer and dryer, utility sink, abundant storage, and flexible space for a playroom, recreation area, or hangout room. There is potential to convert the half bath to a full bath with proper permits. Although the home is located near public transportation, schools, shops, restaurants, and more, it is tranquil and quiet. A garage directly across the street that may be rented for approximately for a fee. A rare opportunity to own a versatile two-family property that combines character, comfort, and an exceptional location.
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Our Executive Mortgage Banker:
$979,999
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 | $783,999 | $783,999 | $783,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $399 | $399 | $399 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,451 | $4,700 | $6,616 |
| Total Monthly Payment | $4,942 | $5,191 | $7,107 |
* 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.