Investor's Delight: 5-Bedroom Home in St. Albans, Queens Presenting an exceptional opportunity for investors: a spacious 5-bedroom, 2. 5-bathroom home located in the heart of St. Albans, Queens. This property is being sold as-is, with no representation, and is available for a cash deal only. Situated on a charming, tree-lined street, this home offers substantial living space and endless potential for renovation and value addition. Whether you're looking to flip, rent, or develop, this property provides a blank canvas for your investment strategies. Conveniently located near public transportation, shopping, and dining options, this property ensures easy access to all that Queens has to offer, making it an attractive option for future tenants or buyers. Access to the property requires proof of funds. Don't miss out on this unique opportunity to invest in a property with great potential in a vibrant community. Seize the chance to transform this house into a lucrative investment!
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Our Executive Mortgage Banker:
Our Insurance Division:
$669,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $535,200 | $535,200 | $535,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $549 | $549 | $549 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,561 | $3,557 | $4,513 |
Total Monthly Payment | $4,202 | $4,198 | $5,154 |
* 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.