197 E 55th St Street, New York (East Flatbush), NY, 11203 | $1,299,999

A complete NEW construction, everything BRAND NEW, built from scratch very recently in just 2022! Frame by frame, this house is a masterpiece mindfully built for ready-to-move-in to brand new appliances, a modern interior design, and new flooring. There are three floors on the house, all three levels have SEPARATE entrances. When you first enter the house on the ground floor, you will be welcomed by one bedroom, a separate living room, a full bathroom, and a kitchen adorned with sleek countertops. If you climb light stairs and enter through the first level instead, you will witness the exquisite sight of perfectly sized 2 bedrooms with closets, a large living room, a sparkling bathroom and wash & dryer. The second floor has 3 bedrooms, an open kitchen, a huge incredible living room, a brand new restroom and a relaxing balcony. All living rooms have windows, allowing plenty of lighting. All bathrooms are integrated with marble tiles. Take the trip to the finished spacious attic. The backyard provides a beautiful landscape for your creative gardening ideas. There is one garage and a driveway parking as well. This property is a great source of rental income due to the separate entrances and the kitchens. A quiet neighborhood with shops, bar and restaurants nearby.

Features

  • Town: New York
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 3 full
  • Style: Duplex
  • Year Built: 2022
  • Heating: Electric
  • Cooling: None
  • Basement: Finished
  • Est. Taxes: $290
  • Lot Desc: Near Public Transit, Near School, Near Shops
  • Elem. School: Ps 244 Richard R Green
  • Middle School: Middle School For Art And Philosophy
  • High School: Kurt Hahn Expeditionary Lrning Sch
  • School District: Community District 18
  • MLS#: 3585399
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/3585399/197e55thststreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Mega Homes Realty Inc   Phone: 718-392-5635

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

197 E 55th St Street, New York (East Flatbush), NY, 11203

$1,299,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,039,999 $1,039,999 $1,039,999
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 6.748% 6.474% 6.036%
Monthly Tax Payment $24 $24 $24
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,905 $6,488 $8,706
Total Monthly Payment $6,054 $6,637 $8,855

* 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.