Built in 1985, four family income producing King's brick town house with a total of around 5,250 square feet. Each floor is around 1,312 sq ft with three bedrooms, one and a half bathrooms (without a shower) and their own washer and dryer. One year leases with separate meters and utilities except water. Basement rented for $2,600 per month + utilities. 1st floor rented for $2,900 per month + utilities. Second floor rented for $3,050 per month + utilities. Third floor owner's unit to be delivered vacant upon closing. Yearly property taxes of $38,988. Current gross yearly rental income: $102,600 Current net yearly income: $55k
Type:
Single-family residential
Cooling:
Central Air, Varies by Unit, Wall/Window Unit(s)
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
1727 E 14th Street, New York, (Brooklyn), NY, 11229
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
