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Seaview Village, Flatland's 7th Street - Rare 2-Family Waxman Split-Level Home Welcome to one of the most desirable, fully detached homes in Seaview Village, located on the prestigious, tree-lined Flatland's 7th Street - known by locals as "Millionaire's Lane. " ?? Property Features: 2-Family Waxman Split-Level Home built in 1960 Building Size: 22. 42 ft x 50. 42 ft Lot Size: 41. 67 ft x 100 ft Zoning: R3X 3 Spacious Bedrooms on the main level Oversized Living & Dining Rooms with cathedral ceilings Modern Eat-in Kitchen Hardwood Floors Throughout Bright & Airy with windows all around ?? Lower-Level Apartment: Private 1-bedroom unit (can easily be converted to 2 bedrooms) Separate side and interior entrances Full Eat-in Kitchen, Formal Dining Area, and Large Living Room Includes laundry room, bath, and a family room Plenty of storage space ?? Additional Features: Forced-air heating with Central A/C & Humidifier Private driveway fits 2 to 5 cars Spacious backyard - perfect for summer gatherings & entertaining ?? Prime Location: Minutes from Rockaway Pier, Belt Parkway, shopping, and Express Buses to Manhattan Enjoy a Long Island suburban feel - without Long Island taxes! A rare gem in a quiet, all-residential neighborhood ?? These homes rarely hit the market - especially two adjacent properties at once. Don't miss this once-in-a-lifetime opportunity. Will not last!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 |
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Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
Monthly Tax Payment | $502 | $502 | $502 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,206 | $5,708 | $7,605 |
Total Monthly Payment | $5,833 | $6,335 | $8,232 |
* 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.