Upper Glendale: Welcome home to this highly sought after lovingly maintained semi-detached, 55-foot-long 2-family property on a large 23. 42x100 lot featuring 3 full bathrooms throughout with a desirable detached 2-car garage and driveway in the heart of Upper Glendale, Queens! This two-family home features 2 spacious apartments with hardwood oak floors throughout - the first-floor apartment is gut-renovated with split systems throughout and features a bright and airy living room with high hat LED lighting, a laundry area, formal dining room, modern kitchen with middle granite island and Italian tiles, a box bedroom with California closets, and full bathroom, while the second story features a living room, formal dining room, kitchen, 3 box bedrooms (not "railroad"), and full bath. This large property also features an interior staircase, a full finished newly renovated basement, new windows, hardwired smoke detectors, new alarm system, new outside cement work, driveway, extremely rare detached 2-car garage, and nice fenced-in yard. This home is ideally located, with easy access to major highways, public transportation (local Q55 bus line), shopping centers, parks, and is zoned for highly regarded PS/IS 119. Embrace the vibrant Glendale community with nearby shopping, dining, and entertainment options at Atlas Park, as well as local favorites such as Finback Brewery and Northside Bakery. This home provides a perfect opportunity for buyers to live in or for investment potential, such as a 1031 exchange.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,168,000
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 | $934,400 | $934,400 | $934,400 |
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 | $768 | $768 | $768 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,232 | $5,678 | $7,697 |
Total Monthly Payment | $6,125 | $6,571 | $8,590 |
* 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.