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1644 E 96th Street, Brooklyn (Brooklyn Heights), NY, 11236 | $675,000
Investment opportunity in Brooklyn, NY!! Property appears to be a duplex each with three bedrooms and 1 bathroom. Appears to have a full basement but maybe unfinished. Property was built in 1930. Cloud in title being cleared up from recent foreclosure that requires a strict foreclosure to be completed. Can take up to 12 months or sooner to resolve. The buyer will receive letter from Foreclosure attorney that they will clear title and Buyer will take the property subject to the title issue, the issue will be listed under exception in the policy that is being issued. Once the issue is resolved based on given ETA the underwriter will issue an elimination endorsement eliminating the title issue. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction. AS-IS REO property.
Features
- Town: Brooklyn
- Bedrooms: 6
- Baths: 2 full
- Units: 2
- Style: Multi Family
- Year Built: 1930
- Heating: Natural Gas, Other, Forced Air
- Cooling: None
- Basement: Full, Unfinished
- Approx Sq. Feet: 1,920
- Acreage: 0.05
- Est. Taxes: $13,820
- School District: Community District 14
- MLS#: H6329334
- Days on Market: 42 days
- Website: https://www.raveis.com
/prop/H6329334/1644e96thstreet_brooklyn_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1644 E 96th Street, Brooklyn (Brooklyn Heights), NY, 11236
$675,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $540,000 | $540,000 | $540,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
| Monthly Tax Payment | $1,152 | $1,152 | $1,152 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
| Total Monthly Payment | $4,837 | $4,833 | $5,798 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535