Welcome to 1848 E 49th St, a charming and spacious home in Brooklyn’s peaceful Flatlands neighborhood, offering incredible potential for renovators, investors, and homeowners alike. This well-maintained property blends timeless charm with modern comforts, making it an ideal retreat for families and a prime opportunity for those looking to add value and personalize the space. Upon entering, you’ll be greeted with open living and dining areas, creating a warm and welcoming atmosphere. Upstairs, spacious bedrooms offer comfort and customization opportunities. With its flexible layout, hardwood floors throughout, and generously sized rooms, this home serves as the perfect canvas for your design vision. Whether you’re looking to make minor updates or embark on a full renovation, the possibilities are endless. One of the standout features of this property is the shared driveway, offering convenience and off-street parking. Plus, the exciting opportunity to convert the storage shed into a garage, giving you even more storage or parking options, making this home an excellent choice for those seeking functional upgrades. Situated on a quiet, tree-lined street, 1848 E 49th St is not just a wonderful place to call home but also a smart investment opportunity. With strong rental demand in the area and the potential to significantly increase the property’s value through renovations and the addition of a garage, this property is a prime choice for savvy investors. Enjoy the perfect blend of suburban tranquility and urban convenience, with easy access to local parks, schools, shopping, dining, and public transportation. Whether you’re looking to create your forever home or invest in a property with unlimited potential, 1848 E 49th St is a must-see. Schedule your viewing today and explore all the possibilities this charming home has to offer! *Sold AS-IS, photos virtually staged. *
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $560,000 | $560,000 | $560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $372 | $372 | $372 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,773 | $3,722 | $4,723 |
Total Monthly Payment | $4,237 | $4,186 | $5,187 |
* 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.