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Presented by![]() Diana Newbert |
Rare Opportunity to own legal 2 family in Incorporated Village of Floral Park. 2 bdrm over 1 bedrm, 2 baths, 2 full eat in kitchens. 40x100 property with 2 car garage and parking for 6 cars. Landscaped deck and patio area with rear sliders. Side door with entrance to lower level. Floral Park-Bellerose UFSD and Floral Park Memorial HS. First floor apt has open floor plan with eat in kitchen with sky light, enclosed porch sitting area ( can be used as home office or second bedroom), primary bedroom, and large living room with adjacent dining area. Full bath. Basement access with storage area, laundry room and utility area. Second floor apt has primary bedroom, large bright living room, eat in kitchen, full dining room or second bedroom, full bath. Stair access to attic. Can be converted to large 1 family or rent 1 or both apartments. Great investment opportunity!
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Our Executive Mortgage Banker:
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$849,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.470.0391
Diana.Newbert@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $1,078 | $1,078 | $1,078 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,751 | $4,127 | $5,686 |
Total Monthly Payment | $4,921 | $5,297 | $6,856 |
* 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.