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Situated on a massive corner lot in the heart of Ditmas Park, Brooklyn, this expansive home offers tremendous potential and ample space for comfortable living. Spanning nearly 110 feet along Argyle Road and 58 feet on Ditmas Avenue, the property is a rare find in this highly sought-after neighborhood. This home has a full sized garage as well as a curb cut, so parking for multiple cars is a guarantee.
This home features up to 5 generously-sized bedrooms The main level boasts a beautiful wood-burning fireplace, a large living room with abundant natural light that leads to a lovely porch overlooking and expansive front yard and the beautiful homes on Ditmas Avenue. You will also find a formal dining room right off of the newly renovated kitchen as well as a brand new half bathroom.
The 2nd floor features three very large bedrooms, all of which are flooded with natural sunlight, you will also find three full baths on this level. Another flight up you will find a large semi finished attic, one side being used as a bedroom and the other as storage. This home presents an excellent opportunity for customization and updating to suit your personal style. There are many areas of this home that will need your personal touch.
Additionally, there is an unfinished basement with great potential for expansion, providing valuable storage space or the possibility for further creation of living space.
In terms of the location, it is very much prime and and in many ways unbeatable at this price point. You are around the corner from Cortelyou Road and all of its vibrancy, culture, restaurants and transportation. You are with in a block or two of the Q, B at Newkirk or at Cortelyou Road. You are a short distance from Prospect Park and you are living in one of the most beautiful neighborhoods in the United States. This charming home offers the perfect balance of peaceful suburban living and convenient city access.
Don't miss the opportunity to make this unique property your own and enjoy all that Ditmas Park has to offer.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,809 | $7,679 | $10,201 |
Total Monthly Payment | $6,934 | $7,804 | $10,326 |
* 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.