Located in Jamaica Queens across from the Van Wyck Expressway. The property is listed as a 2-family with/ the NYC Department of Finance (NYC DOF). Current Conversion 1-Family, Lot Size 2, 508 sq. Ft. 3 Bdrms, 3 full baths, 2nd-floor bath w/ jet streams, Large Dining Room, Living Room, and Spacious Kitchen. Detached Property, Private Bricked Driveway, 1 Car Garage, Back Porch, Yard Lounge Area, Yard Bar Stool Barbecue Island w/ sink, Basketball Hoop, Playground Directly Across Property, Bsmt Re-masoned w/ insulation, Spacious finished Bsmt used for Den/office, Separate side entrance to basement, Backdoor from kitchen leads to back yard & porch, 3 Ceiling Fans. Elementary School and stores within walking distance. The property is also located near buses and subways and directly across from the highway. Tax records indicate that the property has an area of 1005 square feet. This number may not be accurate due to the large Interior space and 2-family home designation by the (NYC DOF).
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$818,000
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 | $654,400 | $654,400 | $654,400 |
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 | $322 | $322 | $322 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,716 | $4,083 | $5,478 |
Total Monthly Payment | $4,130 | $4,497 | $5,892 |
* 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.