Welcome Home to our two-family house that exemplifies urban residential living. Located in the vibrant and historic neighborhood of East New York, this property offers a classic Brooklyn charm. The house features a brick facade, common in Brooklyn, providing durability and a timeless aesthetic. The property includes a front yard and a spacious backyard, providing outdoor space for relaxation and gardening. The house is divided into two separate living units, each with its own entrance. This setup is ideal for extended families, rental income, or a combination of both. Each unit includes a living room, kitchen, 2 bedrooms on the 1st floor 3 bedrooms on the 2nd and bathrooms. The home also have a full basement with a seperate entrance. The location offers easy access to public transportation, including buses and subway lines, facilitating convenient travel throughout Brooklyn and to other parts of New York City. The area around Georgia Avenue boasts a variety of amenities, including grocery stores, restaurants, parks, and schools, making it a practical place to live This two-family structure allows for significant rental income potential, making it an attractive option for purchase
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Our Executive Mortgage Banker:
Our Insurance Division:
$915,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $732,000 | $732,000 | $732,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $301 | $301 | $301 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,099 | $4,448 | $6,030 |
Total Monthly Payment | $4,492 | $4,841 | $6,423 |
* 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.