Welcome to 6917 Hessler Avenue, Arverne, NY 11691! This property has been fully gutted and is ready for renovation, allowing you to customize it to your taste. With two spacious floors plus a versatile attic, the possibilities are endless. Located just a short stroll from the beach, this home offers the perfect coastal lifestyle. The fully renovated garage, constructed with sturdy cinder block, ensures durability and security. All plumbing has been updated and connected to the street, providing peace of mind post-Sandy. The first floor is also built with cinder block, adding to the strength and resilience of the home. Enjoy the vibrant community with easy access to local parks, dining, and shopping options. The nearby Arverne by the Sea development features a boardwalk, bike paths, and recreational facilities, perfect for outdoor enthusiasts. With approximately 1, 850 square feet of potential living space, this property is a fantastic opportunity to create your dream home in a charming beachside neighborhood. Don't miss your chance to make this blank canvas your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$588,000
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 | $470,400 | $470,400 | $470,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $309 | $309 | $309 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,130 | $3,126 | $3,967 |
Total Monthly Payment | $3,531 | $3,527 | $4,368 |
* 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.