Fully Detached Frame 2 Family w/ Backyard in the Heart of College Point! This charming 2 family house has a great location in the heart of College Point. The property is located only 3 short blocks away from College Point Blvd with its diverse stores, groceries, coffee shops, and restaurants. Only 2 short blocks to several bus stops. 4 blocks to College Point Park and 0. 5 miles to beautiful waterfront Powell's Cove Park. Only 0. 6 miles to College Point Center shopping mall. Easy access to Whitestone Expy and LaGuardia airport. This property is in a great condition and ready to move-in. It features: - Two 2BR/1BATH apartments - Each unit has Eat-In Kitchen with Stainless Steel appliances, Large Bedrooms, Living Room, Full Bath, and Walk-In Closet - Clean Full Basement - Beautiful private quiet backyard - Each apartment has its own new boiler and new gas hot water heaters - All new windows throughout the home - New roof (1 year old) - Newly installed siding throughout - Delivered Vacant Lot: 23 x 99. 75 ft Building: 18 x 20 ft Zoning: R4A FAR: 0. 61; Max FAR: 0. 75 Taxes: $5, 613/Yr This is Great Opportunity! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $680,000 | $680,000 | $680,000 |
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 | $468 | $468 | $468 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,968 | $4,354 | $5,784 |
Total Monthly Payment | $4,528 | $4,914 | $6,344 |
* 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.