Presenting a two-family home on the market for the first time in 40+ years! This five-bedroom, three-bath property offers a three-bedroom, one-bath layout over a two-bedroom, one-bath configuration, with all bathrooms fully renovated for modern convenience. Spacious bedrooms and natural light add to its appeal. Highlights include a finished basement with a separate entrance, full bathroom, office, workshop, and wet bar, perfect for entertaining or extended family. Updated 200-amp electrical service (100 amps per floor), two electrical meters, two gas meters, and a 15-year-old roof add to its functionality. The shared driveway leads to a detached garage and ample outdoor space for gatherings. Around the corner from Morris Park and local restaurants, this home blends timeless charm with convenience. Don’t miss this rare opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$888,000
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 | $710,400 | $710,400 | $710,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $441 | $441 | $441 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,202 | $4,549 | $6,043 |
Total Monthly Payment | $4,735 | $5,082 | $6,576 |
* 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.