Welcome to this quaint two-bedroom home in the desirable Springfield Gardens neighborhood, offering a unique opportunity for those with a vision. While this home is in need of updates and renovations, it provides a solid foundation and endless potential to create your ideal space. Upon entering, you'll find a welcoming living room with plenty of natural light, offering a perfect canvas for your personal touch. The adjoining dining room is a spacious area that can be transformed into a cozy eating space or a multi-functional room to fit your lifestyle. The kitchen, though in need of a refresh, offers a great layout and ample space to design your dream cooking area. With some work, this kitchen can become the heart of the home, perfect for preparing meals and entertaining. Both bedrooms are generously sized, providing room for customization to suit your needs. They offer a peaceful retreat with ample closet space, and the natural light pouring in makes the rooms feel bright and airy. The home also includes a full bathroom that, with a little work, can be transformed into a modern and comfortable space. One of the standout features of this property is the large, fenced backyard. Whether you're an avid gardener, enjoy hosting outdoor gatherings, or need a safe area for children or pets to play, the backyard offers great potential to become your personal outdoor oasis with a bit of attention and care. Located in Springfield Gardens, this home is nestled in a friendly, established community known for its tree-lined streets and a welcoming atmosphere. The neighborhood is ideal for families, with local parks, excellent schools, and convenient shopping and dining options all within easy reach. Public transportation is also nearby, making commuting a breeze. This home offers great value for those looking to invest in a property with potential. Bring your vision and creativity to this charming house, and with the right updates, you can transform it into the home of your dreams! Don't miss out on this opportunity to own a piece of Springfield Gardens and make it your own.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $375,920 | $375,920 | $375,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $406 | $406 | $406 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,533 | $2,498 | $3,170 |
Total Monthly Payment | $3,014 | $2,979 | $3,651 |
* 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.