Space, style & modern luxury come together at 60-31 54th Street. A newly renovated 16. 5 'x 55' built brick two family nestled on a beautiful tree lined street of the Maspeth/ Ridgewood Border. This turn key two family townhouse is the perfect opportunity for buyers looking for space, plus income generating rental property to assist with mortgage payments. Ideal for investors and primary home owners alike. Configured as 2 bedroom 2 bath rental unit which has the ability to generate $3, 200/month to assist with mortgage payments. The garden 2 bedroom 2 bath unit can easily be used as a garden/basement duplex to create additional living/recreational space. Both units enjoy expansive sun drenched living/dining areas which provide great space for entertaining. Beautiful chefs granite kitchens equipped with floor to ceiling custom cabinetry and adorned with a full fleet of stainless steel appliances. Spacious bedrooms equipped with ample closet space. Fully tiled bathrooms adorned with state of the art wall & floor tiles. Primary suite with private en suite. 60-31 54th Street has been fully gutted & remodeled by an expert team of contractors featuring select wide oak wood flooring, recessed lighting, updated electrical, heating & plumbing systems throughout. This turn key move in ready two family is conveniently with close proximity to major transportation which makes commuting a breeze. Just off Flushing Avenue, Metropolitan Avenue, Eliot Avenue, Grand Avenue. Stones throw to transportation, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,049,000
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 | $839,200 | $839,200 | $839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $364 | $364 | $364 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,699 | $5,167 | $6,969 |
Total Monthly Payment | $5,188 | $5,656 | $7,458 |
* 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.