Investor Alert! Needs tlc , Spacious 4-Bedroom gem with development potential in Staten Island Unleash the possibilities at 90 Erastina Place, a sprawling 4-bedroom, 3-bathroom property in Staten Island's Mariners Harbor, brimming with investment potential. This generously sized home sits on an expansive lot with the unique advantage of being subdividable, opening doors to exciting development opportunities. Imagine: Transforming the existing property into a comfortable multi-family dwelling. Subdividing the lot and building additional income-generating units. Creating your own private oasis with ample space for outdoor living and recreation. Inside, the home boasts: Four spacious bedrooms to comfortably accommodate families or potential tenants. Three well-appointed bathrooms for added convenience. Ample living space perfect for gatherings and relaxation. Solid bones and a classic charm waiting to be refreshed and personalized. Beyond the walls: A sizeable lot brimming with potential for expansion or customization. Quiet, friendly neighborhood in close proximity to local amenities. Easy access to transportation for effortless commutes and exploration. This remarkable property is a blank canvas for your vision. Whether you're an experienced investor seeking your next project or a savvy homeowner dreaming of creating your own haven, 90 Erastina Place offers a rare opportunity to build your future.
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Our Executive Mortgage Banker:
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$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $401 | $401 | $401 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,390 |
Total Monthly Payment | $4,746 | $4,741 | $5,883 |
* 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.