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163-49 Phroane Avenue, Jamaica, NY, 11433 | $975,000
Welcome to 163-49 Phroane Avenue, a fully detached 2 family home in the heart of Jamaica, Queens. This spacious property features two 3 bedroom apartments, each with 2 bathrooms, including an en-suite in the main bedroom. The long driveway fits 5 or more cars and leads to a backyard with even more parking space. The backyard is also great for entertaining and provides access to the egress basement. The large unfinished basement offers endless possibilities—it can be converted into a duplex with the first-floor apartment or used as a home gym, theater, in-law suite, and more. This home will be delivered vacant. The seller has updated the second-floor apartment with stainless steel appliances, recessed lighting, and LPV flooring, making it move-in or rental-ready for immediate income. This home is less than 15 minutes from JFK Airport and Resorts World Casino. Near major highways like the Belt Parkway and Van Wyck Expressway. Public transportation, including the LIRR and E & F trains, is just minutes away. Make 163-49 Phroane Avenue your new home today!
Features
- Bedrooms: 6
- Baths: 4 full
- Style: Duplex
- Year Built: 1998
- Heating: Baseboard
- Cooling: None
- Basement: Unfinished, Walk-Out Access
- Est. Taxes: $6,915
- Elem. School: Contact Agent
- Middle School: Contact Agent
- High School: Contact Agent
- School District: Community District 28
- MLS#: 842131
- Days on Market: 7 days
- Website: https://www.raveis.com
/prop/842131/16349phroaneavenue_jamaica_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
163-49 Phroane Avenue, Jamaica, NY, 11433
$975,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
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 | $780,000 | $780,000 | $780,000 |
| 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 | $576 | $576 | $576 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,307 | $4,739 | $6,530 |
| Total Monthly Payment | $4,975 | $5,407 | $7,198 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535