*FOR SALE: Stunning Two-Family Home in Arverne-by-the-Sea!**Delivered Vacant**Low TAX** Discover your dream coastal lifestyle right in the heart of New York City! This beautiful two-family home, built in 2008, boasts 5 spacious bedrooms and 3. 5 modern bathrooms, lovely backyard, tons of walk-in closets and storage rooms, perfect for families or as an investment property. Enjoy the convenience of 2 private driveways and 4 public parking permits. Located just a few steps from the ocean, this home offers the ideal blend of urban vibrancy and serene seaside living. With an eco-friendly design and energy-efficient features, you can enjoy leisurely living while soaking in refreshing ocean breezes. Experience a peaceful community atmosphere with easy transportation options. Close by Rockway beach, JFK Airport, restaurants, Kiki bar, cafes, surfing school, parks, and many other vibrant neighborhood amenities The "A" subway line provides direct access to Manhattan, while a ferry service connects you to Downtown Brooklyn, Wall Street, and Midtown Manhattan. Don't miss out on this unique opportunity to own a slice of coastal paradise in the city! Call for your private showing
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,138,000
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 | $910,400 | $910,400 | $910,400 |
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 | $419 | $419 | $419 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,098 | $5,532 | $7,499 |
Total Monthly Payment | $5,641 | $6,075 | $8,042 |
* 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.