* Detached 2-Family in MINT CONDITION with Park View under $1. 2M? 1, 550 sf 2. 5-Story Plus 650 sf Basement Provide BATHROOM ON EVERY FLOOR * By Queens College Hub Would Be a Steal either for Primary Residence OR Rental Investment * FULLY RENOVATED thru ALL LEVELS (Including Basement): New Appliances * New 4 Split ACs * New Boiler * New Hardwood Floor * New Water Heater ** Take Advantages of 1st Floor (700sf) Features: Master Bedroom w/ Deep Walk-In Closet, 2nd Bedroom w/ Huge Walk-In Closet, LR/DR Combo, New Kitchen & Full Bath ** SEPARATED ENTRANCE for 2nd Floor (850sf) Presents a RARE Master Bedroom w/ Extra Space for MULTI PURPOSES (Baby Room, Home Office, etc. ), LR/DR Combo, New Kitchen Cabinet Set & Full Bath. . . Then Walking Up the Stairs to OVERSIZED 3rd Floor w/ Beautiful Park View Including Deep Walk-In Closet ** Full-Size Fully Renovated Basement (650sf) with Another SEPARATED ENTRANCE is certainly a PLUS ** With Garage & Driveway Deliver an EXCEPTIONAL Cap Rate of 7%++
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $533 | $533 | $533 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,665 | $7,640 |
Total Monthly Payment | $5,882 | $6,323 | $8,298 |
* 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.