Welcome to this beautifully maintained detached brick home in the heart of East Flatbush, Brooklyn. This spacious property offers a blend of classic charm and modern upgrades, making it the perfect place to call home or a fantastic investment opportunity. Featuring 5 generous bedrooms and 2 and a half baths, this home has plenty of space for a growing family. The newly installed roof and windows throughout add to the home's appeal, ensuring both efficiency and aesthetic value. A new fence frames the property, providing additional privacy and curb appeal. The legally permitted walk-in level offers a private entrance and incredible potential. With the option to legally convert this floor into a separate unit, this home presents a unique opportunity for rental income or multi-generational living. For those with a vision for expansion, the property also includes 3, 000 square feet of buildable space, offering endless possibilities to customize and increase its value. The private garage and shared driveway provide convenient parking, a valuable asset in Brooklyn. Whether you're looking for a comfortable, updated home or an investment with significant upside potential, this property is a must-see. Don't miss your chance to own in East Flatbush!
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Our Executive Mortgage Banker:
Our Insurance Division:
$888,888
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 | $711,110 | $711,110 | $711,110 |
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 | $521 | $521 | $521 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,150 | $4,553 | $6,049 |
Total Monthly Payment | $4,763 | $5,166 | $6,662 |
* 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.