Investment Opportunity. Nestled in a sought-after location, this property presents an exceptional opportunity for investors and owner-occupiers alike. With four bedrooms and a generously sized lot, this home is brimming with potential waiting to be unleashed. Key Features: Four Bedrooms: Offering ample space for families or those who appreciate extra room for guests, home office, or hobbies. Expansive Lot: Situated on a spacious lot, there's plenty of room for outdoor entertainment, gardening, or potential expansion. Sundrenched Formal Living Room: Flooded with natural light, the formal living room exudes warmth and charm, creating an inviting ambiance for gatherings and relaxation. Informal Living Room with Fireplace: Cozy up beside the fireplace in the informal living room, perfect for unwinding on chilly evenings or enjoying intimate moments with loved ones. Opportunity Awaits: This property is a blank canvas awaiting your personal touch. Whether you're an investor looking to add value through renovation or an owner-occupier seeking to customize your dream home, the possibilities are endless. Don't miss this gem in the heart of a desirable neighborhood. Near exits to Long Island, Bronx and Queens neighborhoods. . Featured Residential Sales.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
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 | $840 | $840 | $840 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,239 | $8,371 |
Total Monthly Payment | $6,643 | $7,204 | $9,336 |
* 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.