Welcome to Richmond Hill! This type of property does not come around often - a fully detached, six-bedroom, two-family home on a 50'x100' lot in Queens with a private driveway that can fit five to six cards easily! This property can easily be used as a one-family setup if that suits you better. The first floor contains an ADA-friendly apartment with two potential bedrooms, a large living room, a full bathroom, and an eat-in kitchen. The second floor contains an eat-in kitchen, a full bathroom, a large living room/dining area, and a spacious bedroom. There is access to the third-floor through the second-floor apartment which offers three more rooms for additional living space, a home office, or tons of potential storage. The basement also contains three rooms including a laundry room, boiler area, and access to the backyard as well. The property again offers you access to private parking and your very own private backyard with a wheelchair-accessible ramp to the first-floor apartment. The property is also located near plenty of shops, parks, schools (both public and private), and public transportation in the form of Buses and Subways - the A, J, and Z trains are all right in the neighborhood! This property has had important replacements recently on the roof, heating system, and some windows, making your move-in that much easier. Now is the time to buy a home of your own or consider an excellent investment opportunity! Come tour this one of a kind gem before it is gone!
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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 | $927,200 | $927,200 | $927,200 |
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 | $668 | $668 | $668 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,265 | $5,785 | $7,762 |
Total Monthly Payment | $6,058 | $6,578 | $8,555 |
* 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.