Situated on a beautiful tree lined street of Woodhaven/ Cypress Hills border 85-70 79th Street is a CORNER property featuring 2 car garage, private parking, spacious yard to enjoy outdoor gatherings and loaded with original details. Perfect opportunity for buyers looking to add their own touch and create their dream residence. Open the door and you are greeted by a spacious foyer. Through the original wooden door you enter an expansive sun drenched formal living area which provides great space for entertaining. The Formal dining areas leads into the spacious eat in kitchen which leads to the lush rear yard. Original wood work throughout first floor as well as as a original stained glass. Up a flight of stairs 4 spacious bedrooms awaits you, each equipped with ample closet space. The front of the house has a room with a built in closet that can be used as the perfect home office. The rear bedroom is equipped with a private outdoor terrace. Down the hall a full bathroom awaits that is shared amongst all the bedrooms. The high ceiling basement needs to be finished but can serve as the perfect in law suite, media den, children's play room, storage space or additional recreational space. Prime Woodhaven Location. Just off Jamaica Avenue, 75th Street- Elderts Lane J/Z Subway station, Park Lane South, Eldert Lane, Grant Avenue, Woodhaven Blvd, Jackie Robinson Parkway. Stones throw to shopping centers, restaurants, cafes, schools, Forest Park and many other vibrant neighborhood amenities. Minor Minor TLC needed, come explore all the possibilities of 85-70 79th Street and grab your opportunity to be apart of the Woodhaven Vibe.
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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 | $598,400 | $598,400 | $598,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,981 | $3,977 | $5,131 |
Total Monthly Payment | $4,487 | $4,483 | $5,637 |
* 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.