Rare corner two family on picturesque Ascan Avenue in the heart of Forest Hills! This charming property offers an ideal blend of character, functionality, and convenience, perfect for both homeowners and savvy investors alike. Upon entering the first floor you are greeted by a sun filled open-concept layout awaits, featuring an oversized living room and dining room. The modern kitchen is adorned with granite countertops and wood cabinetry. A back door off the kitchen allows seamless flow to the expansive backyard . Ascending to the second floor, you'll find two generously sized bedrooms and a full hall bath, offering comfortable accommodations for residents or guests. The second unit on the third floor hosts a separate unit boasting a sunlit living room, two additional bedrooms, and a spacious eat-in kitchen. The finished basement adds versatility and value offering a separate living area complete with a full bath, laundry facilities, and a convenient half bath. With a private entrance leading to the backyard, this space offers endless possibilities for a recreation room, home office or a cozy retreat for extended family members. The outdoor space consists of a patio allowing for al fresco dining and entertaining and a wrap around garden which provides a tranquil retreat for outdoor relaxation. . A detached two car garage allows for additional storage and parking Nestled in the leafy enclave of Forest Hills, this property enjoys proximity to all major transportation hubs, upscale shopping dining and entertainment providing easy access to the bustling city while offering a peaceful respite from the urban hustle and bustle. With its prime location, income-producing potential, and coveted two-car garage, this corner property is a rare find that won't last long!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,488,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,190,400 | $1,190,400 | $1,190,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $966 | $966 | $966 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,390 | $7,042 | $9,806 |
Total Monthly Payment | $7,481 | $8,133 | $10,897 |
* 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.