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Spectacular Beachfront 2-Family Home in Arverne By The Sea. This spacious, modern home offers high-end finishes and amenity-rich living in a prime beachfront location. The house is within walking distance of the "A" train, providing quick access to Manhattan and the rest of the city. It's also close to the YMCA, banks, restaurants, and Stop & Shop, making daily errands easy. This corner unit property sits on a spacious 6, 000-square-foot lot with partial paved yard, fence line up with leyland cypress privacy tree and 3, 360 square feet of living space. Triplex owner's unit features master bedroom with walk-in closet and bathroom in-suite, 2 bedrooms, 2 baths, private rooftop terrace with man-cave on the top floor, updated kitchen with quartz countertops, pendant lighting, and Frigidaire Gallery appliances, Samsung refrigerator. Recessed lighting and crown molding throughout, porcelain wood-look tile flooring, Master bath with double sinks, double shower heads, and an accent wall. Custom blinds throughout, ceramic tint on select windows for enhanced privacy. Additional Highlights, Garage access from both owner and tenant sides, Pull-down attic for extra storage. Duplex tenant unit features 2 bedroom, 1. 5 bath, brand new carpet on the stairs and second floor, granite flooring in tenant living and dining areas. This vibrant neighborhood offers a rare opportunity to own prime real estate with exceptionally low property taxes of around $2, 800, plus nearly eight more years of tax abatement. Additional costs include $600 for flood insurance annually and a $192 HOA fee.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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% | 6.739% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,891 | $7,826 |
Total Monthly Payment | $5,349 | $6,016 | $7,951 |
* 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.