Welcome to 14905 Cross Bay Blvd, a well-maintained single-family residence offering excellent visibility on a bustling thoroughfare in the heart of Ozone Park. This home features 3 spacious bedrooms, an additional office, and 1 bathroom, ideal for comfortable family living. With a newer roof, the property provides peace of mind and minimal maintenance needs. Situated on a prime lot, the home offers convenient access to major highways, public transportation, shopping, and schools, making it a perfect choice for commuters and families alike. The sale includes an additional 2, 925 sq ft lot with an easement providing access to the driveway at 14911 Cross Bay Blvd. As an added option, buyers have the unique opportunity to purchase 14905-14911 Cross Bay Blvd together as a package deal. Zoned R3X, the combined lots offer excellent potential to build two 2-family homes, maximizing the property's investment value. Don't miss this rare opportunity to own a versatile home with extra land or pursue a lucrative development project in a highly desirable Ozone Park location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 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% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $390 | $390 | $390 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,630 |
Total Monthly Payment | $4,075 | $4,071 | $5,112 |
* 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.