This two-family home offers an abundance of space, this property features a full basement with an exterior entrance, providing ample space for storage or potential bonus room for gatherings, and a private backyard ideal for relaxation or entertaining. The spacious upstairs unit boasts three bright bedrooms and a full bath, offering a comfortable retreat for all. With its generous layout and abundant natural light, this unit is a perfect blend of functionality and warmth. On the first floor, discover two large bedrooms accompanied by a newly remodeled full bath, making it an excellent choice for either occupancy or rental. The open and airy layout ensures a cozy atmosphere while maximizing space. Centrally located, this property is just minutes away from the serene Prospect Park, perfect for outdoor activities and leisurely strolls. Enjoy the convenience of nearby shops, restaurants, and public transportation options, making commuting a breeze. One block away from SUNY Downstate Medical School. With a little TLC this home presents a fantastic opportunity for both investors and homeowners looking to live in one unit while renting the other. Don't miss your chance to own a piece of property in this thriving community!, Additional information: Appearance: Good
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 6.032% |
Monthly Tax Payment | $444 | $444 | $444 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,030 | $4,367 | $5,860 |
Total Monthly Payment | $4,566 | $4,903 | $6,396 |
* 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.