2 Family w/ Garage and Private Driveway in Lindenwood! This semi-detached frame 2 family home + in-law suite featuring additional sleep quarters is located in Lindenwood, Howard Beach with great access to the city via an express bus that leaves you in midtown Manhattan. On the exterior you'll notice a long driveway that can comfortably fit four vehicles along with extra parking in and in front of the garage. The backyard is large and well maintained. The first floor walk up unit is an oversized 3 bedroom/2 bathroom apartment with access to the backyard and fantastic lighting coming from the front of the house shining into the living and dining room spaces. The top floor unit is another oversized 3 bedroom/2 bathroom apartment with a similar floor plan to the floor below it. The ground floor walk-in space features additional sleeping quarters. This home requires some TLC to bring it back to its fullest potential. EXCELLENT OPPORTUNITY FOR INVESTOR OR END USER! Sold as-is with tenants. Building: 22 x 54 ft Lot: 34 x 90 ft Zoning: R4 FAR: 0. 79; Max FAR: 0. 75 Taxes: $8, 798/Yr Don't Miss Out on This Great Investment Opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $733 | $733 | $733 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,251 | $4,613 | $6,254 |
Total Monthly Payment | $5,076 | $5,438 | $7,079 |
* 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.