Great, income producing 2 family property in the Queensboro Hills (11367) area of flushing. The house has a total of 5 Bedrooms and 3 Baths. There is a front, first floor apartment which has 3 bedrooms, 1 bath and a large eat-in-kitchen. There is also a rear 2 bedroom, 1 bath duplex apartment. This unit has living room, kitchen, and a full bath on the first floor and 2 bedrooms on the 2nd floor. The basement is also 80% finished and is used as living space, with a rear outside separate entrance. The property can be accessed from the front and rear yards (North & South Exposures). Has a large 2 car detached garage that is accessed from the North Side of the property, the front door of the property is accessed from the South side of the property. The property has a 40 x 95 lot size, R3X zoning (2 family). School district #25. Near all, 15 minute bus ride to downtown Flushing. Walk to Flushing Meadow Park. Conveniently located near major highways, dining and public transportation
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William Raveis Real Estate
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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 | $1,110,400 | $1,110,400 | $1,110,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $758 | $758 | $758 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,305 | $6,927 | $9,295 |
Total Monthly Payment | $7,188 | $7,810 | $10,178 |
* 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.