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130 Beach 123rd Street, New York (Rockaway Park), NY, 11694 | $1,199,000
Are you looking for a two family house or investment property by the beach? This could be the one for you! Come check out this income producing home literally 100 feet from the boardwalk. Great for an end user looking for rental income to subsidize the mortgage or a straight up investor looking to take advantage of this cash cow. The home consists of a three bedroom one and a half bathroom over a two bedroom apartment. The main floor has recently been remodeled along with a three year old roof, updated electric throughout and a new water main. The walk-in rental unit consists of a living/dining room combo as well as two bedrooms and one bath. There is a private backyard, garage and parking enough for five cars. Its location is perfect nestled on the cusp of the PS114 district and halfway between the retail blocks of Beach 129th and Beach 116th Street. Easy access to local and express buses, the A Train as well as shuttle buses to the NYC Ferry at Beach 108th St that'll whisk you off to Manhattan in just under an hour. Again, living 100' from the beach and boardwalk you'll have direct access to five miles of boardwalk with endless activities. So take advantage of this great opportunity by contacting me for a private showing today and be in the house by summer! See you soon!
Features
- Town: New York
- Bedrooms: 5
- Baths: 3 full
- Laundry: Gas Dryer Hookup, Inside, Laundry Room, Multiple Locations, Washer Hookup
- Style: Duplex
- Year Built: 1960
- Garage: 1-car
- Heating: Steam
- Cooling: Wall/Window Unit(s)
- Basement: Full
- Acreage: 0.09
- Est. Taxes: $6,828
- Lot Desc: Back Yard, Front Yard, Near Public Transit, Near School, Near Shops, Views, Waterfront
- View: Water
- Elem. School: Ps/Ms 114 Belle Harbor
- Middle School: Scholars' Academy
- High School: Scholars' Academy
- School District: Community District 27
- MLS#: 852130
- Days on Market: 6 days
- Website: https://www.raveis.com
/eprop/852130/130beach123rdstreet_newyork_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
130 Beach 123rd Street, New York (Rockaway Park), NY, 11694
$1,199,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $959,200 | $959,200 | $959,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
| Monthly Tax Payment | $569 | $569 | $569 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,446 | $6,063 | $8,094 |
| Total Monthly Payment | $6,140 | $6,757 | $8,788 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535