Experience the best of this colonial style home in the heart of Forest Hills. Great for those looking for convenience while in Queens. This home features an open concept on the first floor throughout the living room, dining room and kitchen plus a 1/2 bathroom. Then, the kitchen offers access to the outdoors through sliding doors, which bring you to the deck and backyard. Upon entering the second floor, there are 3 bedrooms and a full bathroom. Access to a full attic is available upon pull down stairs from the ceiling. Then, the basement includes high 8-foot ceilings, a brand-new gas boiler, a separate water heater and a separate convenient side entrance to the home! Extra perks of the home include that the entire house is laid down with beautiful hardwood floors. A nearly brand-new roof, only 2 years old. No need to worry about parking in Queens, you have a private driveway running into a detached garage. Finally, this home is in a great neighborhood, close to school, parks, shopping and public transportation.
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$898,000
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 | $718,400 | $718,400 | $718,400 |
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 | $431 | $431 | $431 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,079 | $4,482 | $6,014 |
Total Monthly Payment | $4,602 | $5,005 | $6,537 |
* 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.