Welcome to 3052 Alta Vista Street, where the possibilities are endless in a highly sought out neighborhood. This large, two story home sits on a DOUBLE LOT and contains four bedrooms, two baths, is move-in ready and is currently used as a short term rental. The lots can be broken up and used to build two (or more) brand new homes. Another option is to build another home/ADU at the front and have two homes on one large lot, making it your own compound. By installing a pool right in the middle, you will create the perfect sanctuary with the ability to rent out one unit and live in the other while paying your mortgage, or collecting residual income on both properties! With 1, 756 sq ft interior space, this single family home opens up to a large dining area perfect for a grand table to set the mood and to make it your own. Leading into the Kitchen area, you are met with a large, open and airy space with newer appliances and solid cabinets with wood flooring. A nearby spacious laundry room sits tidy in the back corner of the the main floor. Leading upstairs, you will find an additional living room space/bonus room, which can also be utilized as a play room, work room, an extra bedroom, or anything else that you choose. Upstairs are two bedrooms, one being a large master that leads to a balcony that overlooks the scenery of the neighborhood and the expansive lot. This double lot spans to be a total of 12, 600 sq ft and zoned RSF3. So many possibilities and a little TLC will make this home shine! Please reach out to discuss finding a builder if one is needed.
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$624,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $499,200 | $499,200 | $499,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,321 | $3,279 | $4,210 |
Total Monthly Payment | $3,413 | $3,371 | $4,302 |
* 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.