60' X 100' of GENERATIONAL WEALTH is bursting in this property, for you!!!! With (relative) ease, this R3A ppty can become worth more than 3 x's its current value! The opitions are fantastic for an Occupat-Buyer, or Developer/Investor. This 60' x 100' 'Over-Sized', Jumbo 60' x 100' lot is AMAZING & gives such Fabulous Choices/Options as: 60' x 100' of Privacy 60' x 100' of Land for Your Family to Relax, and, or Host Parties in!!!!! 60' x 100' of Development opportunity 60' x 100' of sub-dividable permission to create up to 2 separate two-family houses (the current house only need be converted, if desired). 60' x 100' of VERY CLOSE PROXIMITY to JFK INTERNATIONAL AIRPORT!!!!! 60' x 100' w/A Garage that can easily convert to an Accessory unit 60' x 100' w/A Cozy Wood-Burning Fireplace 60' x 100' of Very Desirable Rental Possibilites!! 60' X 100' W/Charming Cobble-Stonce Accents 60' x 100' of Your unlimited creativity!!! This property is totally ready to move forward with you! All are welcome, and the 1st 'verified' 'early-bird' will get this 'Gem'!!
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Our Executive Mortgage Banker:
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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 | $692,000 | $692,000 | $692,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $480 | $480 | $480 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $4,374 | $5,933 |
Total Monthly Payment | $4,665 | $4,946 | $6,505 |
* 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.