Middle Village. Unlock the Dream of Homeownership in Middle Village, NY - Spacious Two-Family Home with Excellent Amenities! This exceptional two-family home in Middle Village offers an incredible opportunity for renters looking to make the move to homeownership. Situated just one block from Metropolitan Avenue, you'll enjoy convenient access to a variety of local shops, dining options, and public transportation. This home is less than one mile from the M train (Metropolitan Ave) and near Q54 and Q38. You're only a few blocks from the scenic Juniper Valley Park, a local gem perfect for outdoor activities, sports, and leisurely walks. The first-floor unit boasts an open-concept living area, ideal for entertaining guests, with direct access to a charming backyard patio and basement, extending your living space further. The first floor also has a renovated full bathroom and ductless AC. The second-floor unit features a spacious eat-in kitchen (EIK), a living room that flows seamlessly into a formal dining room, a full bath, two bedrooms, and an additional room for a third bedroom, home office, or extra storage. This unit is easily rentable, offering potential income to help offset your mortgage! A rare, two-car detached garage eliminates parking concerns, providing ample space for your vehicle and storage needs. Whether you're renting or just ready for a change, this home offers the perfect opportunity to put your rent money to work by investing in your future. Make this house your home today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$985,000
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 | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $709 | $709 | $709 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,599 | $5,046 | $6,703 |
Total Monthly Payment | $5,400 | $5,847 | $7,504 |
* 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.