Opportunity Knocks! Space, style & modern luxury come together at 11620 168 Street! A newly renovated, turn key mother/daughter nestled on a beautiful tree lined street of Jamaica. Ideal for savvy investors or primary home owners alike. Perfect opportunity for buyers looking for space, plus rental income to assist with mortgage payments. Configured as a 3 bedroom owners unit which features an expansive sun drenched living/dining area that provides great space for entertaining. Beautiful chefs granite kitchen equipped with floor to ceiling custom cabinetry and adorned with a full fleet of stainless steel appliances. Spacious bedrooms with ample closet space. Fully tiled bathroom adorned with state of the art wall & floor tiles. The Lower garden unit is configured as 2 bedroom 1 bath walk in and has the ability to generate $2, 500/month to assist with mortgage payments. 116-20 168 Street is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Merrick Blvd, Foch Blvd, Guy R Brewer Blvd, Linden Blvd. Stones throw to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 | $599,200 | $599,200 | $599,200 |
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 | $398 | $398 | $398 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,138 |
Total Monthly Payment | $4,476 | $4,472 | $5,628 |
* 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.