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69-52 Hessler Avenue is a custom built BRAND NEW CONSTRUCTION two family nestled on a beautiful tree lined street of Far Rockaway with water views and stones throw to major transportation. Ideal for savvy investors and home owners alike! Perfect Income generating rental property! This meticulously constructed two family will captivate you from the moment you arrive with its warm & welcoming energy. SELLER WILLING TO PAY BUYERS CLOSING COST FOR A LIMITED TIME Configured as a 3 bedroom 2 bath rental unit with a outdoor patio and has the ability to generate $3, 600/month to assist with mortgage payments. The owners unit is also a 3 bedroom 2 bath unit. The High ceiling above ground walk in basement is currently setup as a indoor garage, and can easily be used as a 1st floor/garden duplex. Both units enjoy expansive sun drenched, modern open concept living/dining areas which provide great space for entertaining. Beautiful chefs granite kitchens equipped with floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances and has a washer/dryer combo. Spacious bedrooms with ample closet space. Fully tiled bathrooms adorned with state of the art wall & floor tiles. The primary suite is equipped with a private en suite. Brand new hardwood flooring, recessed lighting, electrical, heating, plumbing, Energy Saving Split Unit Systems throughout. 6952 Burchell Avenue is conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Beach Channel Drive, Rockaway Beach Blvd, Cross Bay Bridge. Stones throw to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities. Come explore all the possibilities of 69-52 Burchell Avenue and grab your opportunity to be apart of the Arverne Vibe
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $133 | $133 | $133 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,601 | $5,117 | $6,798 |
Total Monthly Payment | $4,826 | $5,342 | $7,023 |
* 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.