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Welcome to this spacious semi-detached two-family home offering the perfect combination of comfortable living and outstanding investment potential. Featuring 6 generously sized bedrooms, 4 full bathrooms, a private driveway, and a detached garage, this property is ideal for owner-occupants looking to generate rental income or investors seeking a valuable addition to their portfolio. Inside, you'll find bright and spacious living areas, well-proportioned bedrooms, and functional layouts designed for today's lifestyle. Whether you're accommodating a large family, extended family members, or tenants, this home provides the flexibility and space to meet a variety of needs. The private driveway and garage offer the convenience of off-street parking, a highly sought-after feature in Queens. Located in the heart of East Elmhurst, this home is surrounded by everything you need. Enjoy a wide selection of restaurants, cafes, supermarkets, and neighborhood shops just minutes away. The area offers easy access to LaGuardia Airport, the Grand Central Parkway, the Brooklyn-Queens Expressway, and the RFK Bridge, making commuting throughout New York City simple and convenient. Nearby parks, including Flushing Meadows-Corona Park, provide beautiful green space, recreational facilities, and year-round outdoor activities. Whether you're searching for a place to call home with rental income or a smart investment in one of Queens' most convenient neighborhoods, 2243 97th Street is an opportunity you won't want to miss. Schedule your private showing today!
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Our Executive Mortgage Banker:
$1,280,000
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 | $1,024,000 | $1,024,000 | $1,024,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $993 | $993 | $993 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,655 | $6,139 | $8,503 |
| Total Monthly Payment | $6,773 | $7,257 | $9,621 |
* 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.