Rare 2 Family Deal in South Ozone Park, Queens. Excellent chance to get into a 2 Family, 6 Bedroom Home on a 4500 sqft lot in a highly sought after neighborhood. Surrounded by tons of New Development nearby. Home sits on a spacious corner lot and is Fully Detached giving you the privacy and convenience that you need. With some TLC, this is a Great Home for an Investor looking to rent the home out or even a Home Buyer looking to renovate this Home for their family to enjoy. You won't find a deal like this elsewhere, this is a rare property to find at this price point. Prime location nearby parks, JFK, Belt Parkway, A Train by Aqueduct Racetrack and tons of shopping on Rockaway Blvd. This Deal will go Quickly, Priced to Sell!
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Our Executive Mortgage Banker:
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$929,000
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 | $743,200 | $743,200 | $743,200 |
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 | $613 | $613 | $613 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,220 | $4,637 | $6,221 |
Total Monthly Payment | $4,925 | $5,342 | $6,926 |
* 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.