Introducing 519 Beach 66th St, Far Rockaway, 11692 - a charming three-family property located within walking distance to the beach. This multi-home offers a versatile layout, featuring a 4-bedroom, 1-bathroom apartment on the first floor, a 3-bedroom, 1-bathroom apartment on the second floor, and a spacious 3-bedroom, 1-bathroom apartment on the third floor. Situated on a generous lot size of 40X100, with a building size of 22X36, this property boasts a total of 2, 523 square feet of living space. Additionally, it offers a separate and expansive basement, providing ample storage or potential for further customization. Convenience is key, as this property is just a few steps away from Thursbay Basin Park, Rockaway Community Park, and other local amenities. Whether you're looking to enjoy outdoor activities or explore the vibrant community, this location offers a variety of options. **PROPERTY BEING SOLD IN AS-IS CONDITION WITH THE TENANTS**
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $663,200 | $663,200 | $663,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $424 | $424 | $424 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,766 | $4,138 | $5,552 |
Total Monthly Payment | $4,282 | $4,654 | $6,068 |
* 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.