Welcome to 438 Morningstar Rd, a unique two-family residence that houses two duplex apartments. This property, conveniently located near stores, buses, and the expressway, underwent a comprehensive renovation in 2017. The refurbishment seamlessly blends modern updates with the original colonial's elegance and charm. The first-floor unit features a chef's kitchen equipped with white shaker cabinets, quartz countertops, a tile backsplash, stainless steel appliances, and a walk-in pantry. It also offers a spacious living and dining room, two bedrooms, and a bathroom with double vanities. A staircase leads down to a large, well-lit finished basement. The second-floor unit mirrors the high-quality finishes of the first-floor unit and offers three bedrooms and a finished attic. Both apartments are fitted with washer and dryer hookups for added convenience. The property also features a secondary side staircase, providing direct access to the basement or serving as a connector for all floors if the property is used as a single-family home. Outdoor space includes a fenced-in yard at the rear of the property, and a patio accessible from the first-floor unit. New 2017: All new baseboard heating throughout. Two NEW 105k BTU Williamson-Thermoflo Gas Boilers Two NEW 50GAL Bradford White Hot Water Heater Two NEW Gas Meters installed by National Grid TWO NEW GE 18, 000BTW Wall A/C units in LR/DR TWO NEW thermostats Electric: All NEW Electric wiring, receptacles, fixtures, breakers, and panels throughout 110/220 (Completed by Sure Electric) All required GFCI receptacles and ACFI breakers installed where required. All hardwired smoke/carbon detectors Hardwired doorbells have simple doorbell but can easily be swapped for video doorbell, etc. bc wiring is already in place. All rooms pre-wired for cable/internet 1FL Meter carries the entire ground floor and basement 2FL Meter carries entire second floor and attic PLP Meter carries Alarm system (1 outlet) and Side Entrance lights (3 Fixtures Plumbing: New Water Meter Installed 9/2016, All NEW copper water supply lines All NEW gas lines NEW Main Drain/Stack Each unit has its own water shutoff All gas appliances have required 'cut-off' valves. Also carrying DEP Sewer protection insurance Exterior: New Siding on second floor Sealed/Painted newer siding on first floor Natural stone facade in front NEW Windows, Gutters, Liters, and Soffits. Various new masonry work including sealing/stuccoing foundation. Driveway entrance on Ronald Ave with potential off-street parking for 3-4 cars.
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Our Executive Mortgage Banker:
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$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $499 | $499 | $499 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,437 |
Total Monthly Payment | $4,951 | $4,839 | $6,028 |
* 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.