Fantastic legal 3 family in most desired Maspeth. Above ground 3 levels plus a full basement. First floor: One bedroom unit with 1 bathroom ($1900/month). Second and third floors: Front and back 2 Duplex units with 2 bedroom/1 bathroom/2 balconies for each unit (2A$2200, 2B$2500 per month). Basement is full 918 sq ft with a separate entrance from the back. Backyard has spaces to park two cars. Total annual rent income $79, 200. Great income and Long-time good tenants paying rent on time. Built in 2004 and well-maintained with gas heating and hardwood floors. Back unit can see Manhattan view!!! Annual real estate taxes $11, 300 is approximate and buyers should re-verify themselves. Please note the property is fully attached to another similar property on one side, and recessed/half attached to a fence company on the other side. On the NYC public record defines as a semi-attached house. Please see attachments for more details. Great for investment or self-use. Truly a gem. Won't last!
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$1,450,000
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 | $1,160,000 | $1,160,000 | $1,160,000 |
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 | $931 | $931 | $931 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,586 | $7,237 | $9,711 |
Total Monthly Payment | $7,642 | $8,293 | $10,767 |
* 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.