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Prime location! Mint-condition "663 style" 3-family property. 2019 C of O (25'x40' building size) steps from Sanford Ave, Northern Blvd, and just 0. 2 miles to the LIRR. Ideal turnkey investment featuring 4 separate gas and electric meters with fully split utilities across 4 finished levels, split AC/heating units, and a rare front-and-back double-car garage. The layout offers a 1BR/1BA first-floor unit, and two identical 3BR/2BA upper units featuring open-concept kitchens, living rooms, and front/back balconies, plus a full finished open basement with a washer/dryer and outside separate entrance (OSE) to the backyard. Preferably sold occupied with reliable, long-time paying tenants. This property can be sold individually or as a package deal with the adjacent identical property at 42-08 164th St, but must close simultaneously with 42-08 164th St. All information is deemed reliable but not guaranteed.
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Our Executive Mortgage Banker:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
| 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 | $1,171 | $1,171 | $1,171 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,858 | $9,353 | $13,164 |
| Total Monthly Payment | $10,154 | $10,649 | $14,460 |
* 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.