It's all about the lake! Wow factor extraordinaire! Waterfront multi-unit building on Lake Huntington offers an amazing opportunity for the savvy buyer. Boasting three levels that face the lake with a 2500 SF penthouse apartment that has been newly renovated with an upscale flair. Sweeping lake views welcome you in as you enter an immense great room filled with sunlight. The entire top floor has a light and airy feel attributed to the open plan and enhanced by an entire wall of windows overlooking the lake. The beautiful kitchen with stone waterfall countertop and all new Stainless Steel appliances is a testament to the fact that the owner spared no expense in comfort and style. The great room also features an amazing wet bar and sleek sliding doors to a tastefully tucked away dining room, also taking advantage of the lake vistas. There are 3 bedrooms including a very luxurious primary bedroom en-suite. The other 3 apartments are rented and have decks facing the lake. The lower level underwent a gut renovation 7 years ago and feature hardwood/tiled floors throughout as well as granite countertops with breakfast bars. All units are very well maintained, and all have washer/dryer hook-ups. Walk up attic is a plus! This is an awesome space with windows on each end and would make a fabulous studio, and of course perfect for storage. Across the road there is a three-car garage and driveway that holds 8-11 cars. Excellent opportunity especially for someone who can stay in the penthouse, use the attic for studio and have additional income. . . and have their expenses paid for. Don't miss out!
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $501 | $501 | $501 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,481 |
Total Monthly Payment | $4,846 | $4,841 | $6,074 |
* 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.