Enjoy a quiet suburban-like feel with lots of conveniences right nearby! The historic Fiske Terrace enclave, centrally located in Midwood, is a hidden gem and desirable residential neighborhood offering special homes just like this one - set on lush tree-lined streets, with large backyards, private driveways, even your own detached garage! 783 E. 18th Street possesses these amazing features to optimize your comfort, along with 3 generous stories of living space, and a full basement with excellent storage.
Set back from the street with a lovely lush front yard, the beautiful house is a rare find for anyone who wants private single-family living in one of Brooklyn's best communities. Pull into your long driveway with room for plenty of cars, and keep your vehicles from the elements in the 2-car garage waiting at the end. Dine alfresco and host outdoor gatherings in your wonderful rear yard with brick paver stones, also a haven for the urban gardener.
The first floor of the residence, accessed by an arched entryway, is an entertainer's dream featuring a spacious light-filled living room, and formal dining room with exposed wood beam ceilings. The eat-in kitchen is appointed with ample wood cabinetry, a floor-to-ceiling pantry, stone countertops, a peninsula island with built-in storage, and stainless steel appliances including a Sub-Zero refrigerator. Adjoining is a sunny breakfast area for morning coffee and casual meals, with a door leading out to the backyard. This level additionally offers a guest powder room and full-size laundry.
On the second floor are 3 sizable bedrooms with great closet storage, an oversized bathroom with a soaking tub, and windowed dressing area with shower. The top story provides an additional 3 bedrooms, one of which (now used as an artist studio) is enormous, and ideal as a playroom as well. All bedrooms share a windowed full bath accented by a classic clawfoot tub.
The full basement can be utilized as a rec room or home office; plus there's a powder room, extra storage rooms, a mechanical room, and stairs to the outside. You'll especially be charmed by the prime location close to Ocean Avenue, Brooklyn College, shops and restaurants, and public transportation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
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 | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,840 | $8,507 | $11,532 |
Total Monthly Payment | $7,965 | $8,632 | $11,657 |
* 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.