** PLEASE NOTE: ALL showings are BY APPOINTMENT ONLY. Please Do NOT show up without our confirmed appointments, even if Zillow states MUST HAVE APPOINTMENTS! Rego Park Gem! Detached Two-Family Brick Home in Sought-After Dieterle Crescent. ** Attention Investors and Homeowners! This well-maintained two-family detached brick house offers a rare opportunity in the coveted Dieterle Crescent of Rego Park. Never before on the market in 39 years, this exceptional property combines classic charm with modern convenience, perfect for investment or living with rental income. Spacious & Bright Units with four exposures, Ideal for Dual Occupancy or Rentals: - Two well-maintained units: Each featuring 2 bedrooms, a large living room and spacious dining area, in-unit washer/dryer, an impressive large well-equipped kitchen, and sizeable bedrooms. 2FL has a bonus windowed home office and also has mini-split AC/heating unit in each room. - Full basement with windows: This space boasts regular ceiling height and windows, ideal for a recreational area, home gym, or additional storage. - Two-car garage and long driveway: Ample parking for residents and guests. - Peaceful Backyard: Enjoy outdoor relaxation in your private backyard oasis. - Spacious attic: While the finished attic provides valuable additional space, it can be a fantastic bonus room for storage, a creative studio, or a recreational area. (Please consult architects for potential conversion possibilities. ) Prime Rego Park Location: - Highly desired residential neighborhood: Dieterle Crescent is known for its quiet streets, beautiful homes, and friendly community. - Excellent access: Close to shops, restaurants, cafes, parks, schools, and public transportation. Lot: 40 ft x 100 ft Ground elevation: 75 ft 2 stories Building: approx. 28 ft x 44 ft Year built: 1941 Garage: approx. 400 ft This unique property offers endless possibilities! Live in one unit and rent out the other, or enjoy the spacious layout living with the potential for additional income. First Time on the Market in 39 Years - Don't Miss Out! Contact us today to schedule a private showing! (*Tenant in place. - Pre-Qualified buyers only. )
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,344,000 | $1,344,000 | $1,344,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $1,124 | $1,124 | $1,124 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,526 | $8,166 | $11,071 |
Total Monthly Payment | $8,775 | $9,415 | $12,320 |
* 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.