Bring your Architect or Contractor to this home that offers the serene comfort of suburban living and places you at the nexus of New York City’s vibrant lifestyle. 143-13 Ferndale Avenue in Jamaica, Queens, a perfect blend of tranquility and accessibility. The house is built approximately 16’ x 38’ on a 27’ x 88’ Lot. With its private driveway and garage on a spacious lot, this single-family home is a haven for those seeking to customize their dream home within the city’s dynamic embrace. The property’s R4-1 zoning adds a layer of appeal, presenting endless possibilities for expansions or renovations tailored to your vision as comparable homes have been converted into multifamily residences. Step inside to discover a sunroom leading into a cozy living area. The seamless flow to a formal dining room, with direct access to an eat-in kitchen , which overlooks the backyard. Ascend to the top floor and find three bedrooms, including a primary suite with a walk-in closet. The additional bedrooms, each have sunny views. The fully finished basement has an office, a recreation room, a tool room, and a full bathroom. The home is in a prime location with shopping nearby and within walking distance to Jamaica Avenue, close to JFK and LaGuardia airports, Manhattan, and Long Island via metro, bus, and train services, the Van Wyck Expressway and Belt Parkway. Schedule a showing today or stop by an open house!
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$699,000
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 | $559,200 | $559,200 | $559,200 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,398 | $3,398 | $4,419 |
Total Monthly Payment | $3,490 | $3,490 | $4,511 |
* 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.