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Presented by![]() Pamela Kelly |
Charming 1 Family Home w/ Balcony in East New York! Welcome to 438 Shepherd Avenue, a beautifully maintained single-family home in the heart of Brooklyn’s East New York neighborhood. This classic 2-story colonial offers approximately 1, 552 square feet of living space, blending historic charm with modern updates. This spacious home features 3 bedrooms and 2 full bathrooms. The 1st floor boasts a large eat-in kitchen, a bright and airy open-concept living and dining area, bedroom, and a full bathroom. The 2nd floor boasts 2 bedrooms, living room, a full bathroom and a balcony. A full unfinished basement with a laundry room offers endless possibilities for customization or additional storage. Situated on a 2, 500 sq. ft. lot, the property includes a generous backyard, perfect for outdoor activities, gardening, or entertaining. Recent updates include a new boiler, water heater, and roof. Street parking only. Conveniently located just steps from the Shepherd Ave subway station (A & C lines), this home offers an effortless commute to Manhattan and beyond. It is right next to Pitkin Ave with its stores, shops and restaurants. Only 3 blocks from Atlantic Ave. Building: 20 x 30 ft Lot: 25 x 100 ft Zoning: R5 FAR: 0. 62; Max FAR: 1. 25 Taxes: $1, 662/Yr Don’t Miss this Incredible Opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$719,000
Licensed Salesperson, REALTOR
William Raveis Real Estate
Phone: 781.626.3866
Pamela.Kelly@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $575,200 | $575,200 | $575,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,589 | $3,779 | $4,815 |
Total Monthly Payment | $3,819 | $4,009 | $5,045 |
* 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.