Welcome to this Lovely and Charming 2-Family Residence in College Point - A Rare Find! Discover the perfect blend of classic charm and modern convenience in this beautiful two-family home built in 1930. The two-family layout offers flexibility for extended family living or potential rental income, an ideal opportunity for both first-time homebuyers and savvy investors. With 5 bedrooms and 3 baths this quaint home offers plenty of space, hardwood floors on the second level and a dedicated piano room adds a touch of elegance and sophistication. The second floor boasts a modern, updated kitchen and a stylishly tiled bathroom, perfect for contemporary living. The expansive manicured backyard is a blank canvas for your dream outdoor space, whether it's a lush garden, a relaxing pool or vibrant entertainment area. A full basement with a utility room, laundry area, along with a large separate/private 2-car garage, ensures plenty of room for storage and everyday convenience. Located close to public transportation, airport, main street, park, shops, and Citi Field, this home provides easy access to all amenities. Priced competitively, "Sold As-Is", and offers significant potential. Don't miss out on this rare opportunity. This gem will not last long - Must see!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
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 | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $676 | $676 | $676 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,239 | $8,371 |
Total Monthly Payment | $6,479 | $7,040 | $9,172 |
* 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.