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*** 2. 5% assumable mortgage *** The property includes an assumable mortgage at just 2. 5%, based on the remaining balance owed—offering significant savings compared to current market rates. Welcome to this stunning two-family duplex, a true gem that embodies modern elegance, versatility, and investment potential. Featuring 6 spacious bedrooms and 4. 5 beautifully designed bathrooms, this meticulously crafted home offers an unparalleled combination of comfort, style, and functionality—perfect for homeowners seeking extra income or savvy investors looking for a prime opportunity. The first unit showcases high-end finishes with three spacious bedrooms and 2. 5 bathrooms, designed for both relaxation and sophistication. This unit also boasts exclusive access to a fully finished basement, impeccably designed for additional living space or entertainment. The walk-out leads to a massive backyard, creating an inviting retreat for gatherings, leisure, or a private escape. The second unit is equally impressive, featuring a fully renovated kitchen and bathroom, gleaming hardwood floors, and a convenient in-unit washer/dryer. Step onto the private balcony, perfect for morning coffee or evening gatherings, while sun-drenched bedrooms provide a warm and tranquil atmosphere. Situated near major public transportation and essential highways, commuting is effortless. Nestled in a sought-after neighborhood thats up and coming, this move-in-ready duplex is an extraordinary opportunity for multi-generational living or a high-yield investment.
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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% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,891 | $7,763 |
Total Monthly Payment | $5,912 | $6,579 | $8,451 |
* 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.