Multifamily! Investment property - Charming 5-Bedroom Home in Bayswater! Welcome to your dream home at 11-12 Bay 32nd, Far Rockaway, NY 11691! This spacious 5-bedroom, 3-bathroom residence is perfect for families seeking comfort and convenience in a vibrant community. Key Features: ? Ample Space: With five generous bedrooms, there's room for everyone. The layout offers versatility for family living or hosting guests. ? Two Kitchens: Enjoy the convenience of two fully-equipped kitchens, ideal for culinary enthusiasts or multi-generational living. ? Proximity to Water: Just a short stroll from beautiful beaches and waterfront activities, making it perfect for summer fun and relaxation. ? Close to NYC: Easy access to public transportation ensures you're only a train ride away from the excitement and opportunities of New York City. School District: Located within the esteemed Queens District 27, this home is in proximity to quality schools, providing a great educational environment for children. Don't miss out on this incredible opportunity to own a spacious home in a sought-after location. Schedule your showing today and experience all that this beautiful property has to offer! Basement has washer, dryer, bathroom, piano room separate from weight room plus full bathroom and kitchen. There's also space for play pen and family functions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,999
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 | $799,999 | $799,999 | $799,999 |
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 | $473 | $473 | $473 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,542 | $4,991 | $6,697 |
Total Monthly Payment | $5,107 | $5,556 | $7,262 |
* 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.