181 Terrace Place, Brooklyn (Windsor Terrace), NY, 11218 | $1,999,000

Everyone needs a place to call home, and this one can be yours! This charming Windsor Terrace home is a perfect place to call home. The lovely open floor format of the living-dining space highlight the beautiful, new hardwood floors throughout this living area and entire second floor. There’s a large front alcove for a dedicated work-at-home space that offers a view to the tree lined block and provides a serene environment. The primary bedroom has two ample closets and is always sunny through its large front windows. It's a spacious room that can hold a king sized bed with dressers; the two additional bedrooms are both large enough for queen sized beds, desks and furniture. There are closets in each room, too! The semi- finished basement is able to serve as a recreation room with two large storage areas, washer/dryer, stationary tub and well maintained mechanicals in excellent shape. The private backyard offers a little respite where you can relax with your morning coffee, maintain a garden, or just enjoy the fruit bearing fig tree that has been well tended over many years. (It’s delicious!) The extended front yard with diminutive mulberry tree offers plenty of space to create an outdoor patio area and be a part of the community as your local neighbors walk by. It’s noteworthy that the large private garage gives you an immediate advantage with a coveted off-street parking spot that has an additional storage ledge to accommodate not only your car, but multiple bikes or large items. Total lot size is 23’x97’. This home has been well maintained and is in great working condition. The kitchen is quaint awaiting your own taste in renovation. 181 Terrace Place is in an amazing location! Locally, take your bike to Greenwood or Vanderbilt Playgrounds, Greenwood Cemetery, Prospect Farm Community Gardens, Windsor Terrace Library or one block to Prospect Park and enjoy all this neighborhood has to offer. You also will be around the corner from great local eateries like Le Paddock, Adirondack Tavern, Cena, Della Valle, Poetica (for coffee) and Elk Cafe and the local supermarket and pharmacy. It’s easily accessible to Manhattan and sits between two stops on the F & G trains. There is a virtual renovation of the kitchen and virtual staging of furniture; photos without staging are as the property is - amazing floors and solid location.

Features

  • Town: Brooklyn
  • Amenities: Driveway; Laundry Room;
  • Rooms: 8
  • Laundry: SeeRemarks
  • Year Built: 1930
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: None
  • Built Size: 17'4"x28'
  • OLR#: COMP1682811143241340
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /eprop/COMP1682811143241340/181terraceplace_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass

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NMLS Mortgage Loan Originator ID 1880936

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181 Terrace Place, Brooklyn (Windsor Terrace), NY, 11218

$1,999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,599,200 $1,599,200 $1,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,333 $10,240 $13,603
Total Monthly Payment $9,458 $10,365 $13,728

* 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.