Discover the ideal blend of convenience, comfort, and investment potential with this standout property in a highly desirable and centrally located neighborhood. Move-in ready and tastefully updated, this residence is perfect for those seeking a stylish home or a solid income-generating rental property from day one. What truly sets this property apart is its incredible expansion potential. Zoned to allow for an additional floor, this property offers a rare opportunity to build upwards, whether for extra living quarters, multiple rental units, or a stunning rooftop lounge. This added floor would significantly increase both the property's value and income potential, making it a prime investment for the future. Perfectly positioned near popular cafes, shopping, schools, and public transit options, this location offers ultimate convenience. Everything you need is just few minutes away, making it ideal for a lifestyle of ease and accessibility. For investors or homeowners looking to combine immediate rental income with long-term value growth, this property presents a remarkable opportunity. Don't miss out on this versatile and well-located gem
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Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $716 | $716 | $716 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,371 | $5,906 | $7,965 |
Total Monthly Payment | $6,212 | $6,747 | $8,806 |
* 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.