Welcome to 3626 Kings Highway located in Marine Park, Brooklyn. If you are looking for a great fixer upper priced at a discount, then you've found it ! This first floor unit has a large footprint and is easily accessible. Upon entering the unit you're greeted by a spacious foyer that can also serve as a dining area. The windowed galley kitchen is the perfect size for the unit. Off to the right you have a large living room and off to the left, a full bathroom and large bedroom. The apartment has since been completely cleaned out and freshly painted. With just a small budget you can turn this apartment into a home.
Regarding location, we are steps away from everything you need to call this home. For transportation just walk outside and catch the B7, B82 which run along Kings Highway or a short walk to Flatbush Avenue and you can catch the B41 and Q35. Everything else surrounds this great location. Mt. Sinai Hospital, Supermarkets, Starbucks, Kings Plaza Mall, Junction Mall and 5 minutes to the Belt Pkwy if you're driving. Why pay rent, don't miss out on a great opportunity to own.
Cats only
Subletting allowed after 2 years
Guarantors accepted
Flip Tax: 3040. 00
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,196 | $1,543 |
Total Monthly Payment | $1,273 | $1,271 | $1,618 |
* 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.