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Exceptional 3 Family Investment Opportunity in Prime Floral Park Village. . . A/K/A 145 Carnation Avenue Location. . . Location. . . Location! Situated in the Heart of Desirable Floral Park Village, this Unique Three-Family Property is Just Minutes from the LIRR, Top Rated Schools, Charming Cafes & Restaurants. . . And More. . . A Rare Gem Perfect For Savvy Investors or Owner-Occupants Seeking Rental Income with Long Term Upside. Property Highlights: Main House (Owner's Unit) * 3 Bedrooms/2. 5 Baths * Spacious Living Room with Wood-Burning Fireplace * Home Office- Ideal for Working Remotely * High Ceilings, Hardwood Floors Throughout, Lots of Windows Bringing in Abundant Natural Light * Formal Dining Area with Sliders to a Private Deck & Garden Perfect for Outdoor Dining & Entertaining * Kitchen + Pantry *Finished Basement: Family Room, Laundry Room, Utility Room, Lots of Storage Space+ Outside Entrance * Walk-Up Attic- Perfect For Art Studio or Working Out Second House: Two Income Producing Apartments: Unit 1: 1st Floor: * 2 Bedrooms/ 1 Bath * Eat in Kitchen with Dishwasher * Cozy Living Room with Wood-Burning Fireplace * Washer/Dryer in Unit Unit 2: 2nd Floor: *1 Bedroom/ 1Bath * Eat In Kitchen * Finished Walk Up Attic Perfect for Office or Art Studio *Washer/Dryer in Unit Additional Features: * Detached 2 Car Garage + Private Driveway for 4 Vehicles * Spacious Backyard- Ideal for Outdoor Entertaining and Creating Your Own Farm To Table Vegetable Garden * Separate Entrances & Private Outdoor Space for Each House Investor Advantage: Live in 1 Unit and Generate Strong Rental Income from the other Two-or Lease All 3 Units for Maximum Cash Flow. A Versatile Layout with Owner-Occupancy Options, Ideal for Long Term Investment Growth in a Thriving Community. This is a One-of-a-Kind Opportunity You Don't Want to Miss. . . The Next Move Is Yours. . .
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,498,000
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 | $1,198,400 | $1,198,400 | $1,198,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | $2,044 | $2,044 | $2,044 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,994 | $7,673 | $10,275 |
Total Monthly Payment | $9,163 | $9,842 | $12,444 |
* 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.