Welcome to this charming single-family home in the desirable Madison/Sheepshead Bay neighborhood. This spacious corner property offers a duplex over a unit. The first floor of the duplex features a bright and inviting living room, a well-appointed kitchen, a dining area, and 1 convenient half-bathroom. You can easily access the porch and backyard from here, ideal for outdoor entertaining and relaxation. The second floor boasts 4 generously sized bedrooms and 1 full bathroom, providing ample space for a big family. Enjoy the outdoor space with a backyard perfect for gardening, barbecues, or simply unwinding after a long day. Additionally, the property includes a detached garage, providing convenient and secure parking. There are 2 gas meters and 2 electric meters. Building Size 20x40 over lot size 28x100. Annual property tax $8, 520. Situated just minutes away from the Avenue U shopping district, you'll have easy access to a variety of shops, restaurants, and amenities. Public transportation is also conveniently accessible, with the B44, B3, B31, BM4 buses, and the Q and B trains nearby. This property is an excellent opportunity for homeowners and investors alike.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | $710 | $710 | $710 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $6,059 | $6,575 | $8,536 |
* 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.