Semi-detached single-family Bay Ridge charmer with PRIVATE DRIVEWAY and two-car garage! With windows on three sides to maximize the light and ideally located – just one block to Shore Road and to 3rd Avenue – the home has abundant potential. The first floor of this warm and lovingly maintained home features an entry sunroom with oversized windows leading to a spacious living area and a full formal dining room accented by classic archways. The bright kitchen also has a cheery alcove eat-in area. A convenient walk-in closet is also found on this level. A side door off the kitchen opens to the wide private driveway which can easily accommodate parking for multiple vehicles, a two-car garage and spacious rear yard. The bright upper level has 3 bedrooms including a primary bedroom that spans the full width of the home with treetop views and two additional tranquil bedrooms-- both light and quiet -- as well as a windowed full bathroom with stand-up shower. A full attic – currently unfinished but you can explore the possibility of converting to usable space – is also accessed from the top level. The partially finished basement houses the home's mechanicals and laundry and can be transformed to an additional recreation room. Just moments to the neighborhood's vibrant waterfront parks, promenade and green spaces; the express bus to Manhattan, the R subway line and commuter ferry; as well as a wealth of local shops, cafes, and restaurants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
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 | $5,451 | $6,147 | $8,166 |
Total Monthly Payment | $5,576 | $6,272 | $8,291 |
* 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.