LOCATION LOCATION LOCATION! Welcome home to this rarely found 2 family semi-detached house right on the edge of Elmhurst and Middle Village. The house is a perfect retreat offering just the right mix of location and serenity. Imagine waking up to the morning sun looking over your butterfly bush to an undeveloped personal park with bluejays in the spring while walking to everything you need within a few minutes. There are two cozy bedrooms on the first floor, 3 additional bedroom on the second and a finished basement with separate entrance. The backyard is an oasis with figs, hydrangea bushes and green ivy. Location is very easy to rent. Right by the Interborough Express Subway Expansion in discussion by the MTA --a few blocks from a potential Grand or Eliot Ave Station, the house will gain tremendously from the project. Near schools, shops and buses. House is updated with 220v Electric, New Roof (1Y), and an Electric Tesla Charger. Pride of Ownership Radiates Throughout. House is 20 Feet Wide, Property Lot 31 Feet Wide. This 2 Family House Is Priced to Sell!
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Our Executive Mortgage Banker:
Our Insurance Division:
$988,000
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 | $790,400 | $790,400 | $790,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | $353 | $353 | $353 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,550 | $4,931 | $6,617 |
Total Monthly Payment | $4,995 | $5,376 | $7,062 |
* 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.