Nestled in one of Bayside’s most sought-after locations, this legal two-family home, built in 1988, is just a few blocks from the bustling charm of Bell Boulevard and the Bayside LIRR station. The top-floor unit is a spacious 3-bedroom, 2-bathroom layout, featuring a gut-renovated ensuite in the primary bedroom. The open living and dining room combination is perfect for gatherings, while the private balcony offers a tranquil outdoor space to unwind. With ample natural light and a well-appointed layout, this unit is ideal for an owner-occupant or as a lucrative rental opportunity. The first-floor unit is a delightful 1-bedroom, 1. 5-bathroom duplex that extends into the backyard, creating an inviting retreat for relaxation and entertaining. Each unit is self-sufficient, with separate utilities and its own washer and dryer conveniently located in the basement. The property also boasts a two-car garage and a private driveway, offering ample parking and storage options.
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$1,485,000
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 | $1,188,000 | $1,188,000 | $1,188,000 |
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 | $1,015 | $1,015 | $1,015 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,839 | $7,412 | $9,945 |
Total Monthly Payment | $7,979 | $8,552 | $11,085 |
* 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.