![]() |
Welcome to 86-31 131st Street! This stunning two-family duplex, perfectly situated in Richmond Hill. This exquisite residence boasts a generous layout, featuring 4 spacious bedrooms and 3 elegantly appointed bathrooms. As you enter through the grand entrance foyer, you are greeted by an expansive living room bathed in natural light from large windows that create an inviting atmosphere. The seamless flow of hardwood floors throughout adds a touch of sophistication and warmth to every corner of this home. The heart of the home lies in its eat-in kitchen, where culinary dreams come to life. With ample space for dining and entertaining, this kitchen not only offers functionality but also grants direct access to your own private backyard oasis—a rare find in city living! Imagine hosting summer barbecues or enjoying quiet evenings under the stars in your spacious outdoor retreat. This property has been meticulously maintained and thoughtfully renovated. In 2012, full gut renovations transformed this duplex into a modern masterpiece with new plumbing, electrical systems, sprinklers, water main, and roof—ensuring peace of mind for years to come. The boiler is just 2 years old, adding further value to this exceptional offering. The lower level features a separate entrance leading to a versatile basement space that can be tailored to your needs—be it a recreation area or additional storage! This home is conveniently located near parks, schools, shopping centers, and public transport options that connect you effortlessly to the rest of the city. Don’t miss out on this rare opportunity! Schedule your private tour today and experience firsthand the elegance and charm that awaits you at this luxurious duplex.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$920,000
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 | $736,000 | $736,000 | $736,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $587 | $587 | $587 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,179 | $4,713 | $6,211 |
Total Monthly Payment | $4,857 | $5,391 | $6,889 |
* 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.