240-04 68th Avenue, #31, Douglaston, NY, 11362 | $1,098,000
Welcome to this Semi Attached two-family home located on the corner of 68th Avenue in Douglaston. This property is an excellent opportunity for both owner-occupants and investors seeking rental income. The home features: - Second Floor: 3 bedrooms and 2 full bathrooms. - First Floor: Originally 2 bedrooms and 1 bathroom with a separate side entrance. - Lower Level: A fully finished, Semi-walk-in unit with a separate back entrance. Private backyard and one car garage with 2 car driveway. All units have been updated with wood flooring, kitchen cabinets, and bathrooms. The property is equipped with baseboard hot water heating, three electric meters, and two gas meters. Additionally, the other side of the basement offers significant storage space and a dedicated laundry room. Located in School District 26 (PS. 221, MS. 67, and Cardozo High School), the home is conveniently close to major highways, local and express buses, supermarkets, shops, and Alley Pond Park. Maintained by the same owner for about 50 years, this home is ready for its next lucky buyer. . Prefer Cash offer.
Features
- Rooms: 12
- Bedrooms: 6
- Baths: 4 full
- Laundry: In Basement
- Year Built: 1976
- Garage: 1-car
- Heating: Baseboard, Natural Gas
- Cooling: Electric, Multi Units, Wall/Window Unit(s)
- Basement: Finished, Full
- Approx Sq. Feet: 2,310
- Acreage: 1.56
- Est. Taxes: $8,659
- HOA Fee: $225 Monthly
- Elem. School: Ps 221 North Hills School
- Middle School: Jhs 67 Louis Pasteur
- High School: Benjamin N Cardozo High School
- School District: Community District 26
- Appliances: Dishwasher, Gas Oven, Refrigerator, Gas Water Heater
- MLS#: 1012038
- Days on Market: 11 days
- Website: https://www.raveis.com
/eprop/1012038/2400468thavenue_douglaston_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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240-04 68th Avenue, #31, Douglaston, NY, 11362
$1,098,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 | $878,400 | $878,400 | $878,400 |
| 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% | 6.223% | 6.058% |
| Monthly Tax Payment | $722 | $722 | $722 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,919 | $5,337 | $7,353 |
| Total Monthly Payment | $5,766 | $6,184 | $8,200 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535