Welcome to this Diamond in the rough, in the Kensington section of Brooklyn. "SOLD AS IS" This is a court ordered sale and is subject to court approval. This home requires extensive renovations. This classic three bed, two bath, brick, semidetached home is ready for some love! Bring your contractor for this one. Located on a tranquil tree lined street, this beautiful home, built in 1920 has charming original details. This spacious home has great light, high ceilings and a full basement with laundry in place. The main floor has a sunroom, open concept grand living/dining room and a sunny kitchen with stainless steel appliances. There are hardwood floors throughout that need repair. Access the backyard, shared driveway and garage from the kitchen back door. Enjoy the tranquility in the cozy backyard. On the second floor are three bedrooms and a full bath. Extra sunlight fills the space through a skylight. Travel to the city is easy via mass transit which is in close proximity to the home. Prospect Park is a short distance away as well. Come enjoy all this neighborhood has to offer. BUYER MUST DO DUE DILIGENCE, NO CONTINGENCIES.
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$975,000
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 | $780,000 | $780,000 | $780,000 |
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 | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $578 | $578 | $578 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,368 | $4,739 | $6,425 |
Total Monthly Payment | $5,038 | $5,409 | $7,095 |
* 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.