**BRING YOUR BUYERS!** THIS IS A LEGAL 2 FAMILY USED AS A 1 FAMILY! CENTRALLY LOCATED BETWEEN RIDGEWOOD, BUSHWICK, AND GLENDALE! Has the original separate entrances that used to divide the 1st and 2nd floor. This property is Perfect for that Buyer looking for a SPACIOUS 4 Bedroom Home OR for that Investor looking to put the property back to a 2 Family Income Producer. Currently Set-Up as 'One Family': -Original American Rococo Radiators -Formal Dining Room. -Formal Eat In Kitchen. -OVERSIZED Formal Living. -Foyer Area. -4 Bedrooms: 3 can fit a King and 1 can fit a Queen. -Full Bath. -Full Basement w/ FULL Bath. Could Be Set-Up as 'Two Family': *(please verify independently with an architect)* -Potential 1st Floor: 2 Bed/Duplex: Entrance from 65th Street. -Potential 2nd Floor: 2 Bed Apt with Entrance from Cypress Hills Street. LOCATION! LOCATION! LOCATION! *Surrounded by Transportation! -Less than 5 minutes to the B13, B20, Q55, QM24, QM25, QM34! -ONLY 13 Min Walk to Freshpond M Line. -2 Blocks from Stop and Shop, and Everything Myrtle Ave/Freshpond Ave has to offer! -8 Minute Drive to the Jackie Robinson -8 Min Drive to Forest Park **Other Important Details** -Zoning is R5b -Lot: 20X65. 42 -Building: 20X32 -FRAME -1930 -Taxes : $4231. 24 *All information provided is deemed reliable but not guaranteed. Buyer must perform own due diligence*
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William Raveis Real Estate
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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 | $636,444 | $636,444 | $636,444 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $353 | $353 | $353 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,867 | $3,867 | $5,030 |
Total Monthly Payment | $4,312 | $4,312 | $5,475 |
* 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.