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661 Grassmere Terrace
House in Bayswater •  building info
6bd • 5ba • 3,991ft² $282 per ft²
Sold price

$1,125,000

Key Details
Days on market
177
Last price change
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Estimated payment
$6,688/mo
Taxes
$454/mo
Maintenance
N/A
Description
Space, style & modern luxury come together at 661 Grassmere Terrace! A 25x40 Built two family sitting on 42x95 lot on a beautiful quiet, tree lined street of Far Rockaway. Featuring a wide private driveway, tons of yard space to enjoy family & friends gatherings. Property spans 3,000 sq/ft of living space and is the perfect opportunity for buyers looking for income generating rental property to assist with mortgage payments and space. The Rental unit is configured as 3 bedroom 2 bath rental which has the ability to generate $4,000/month to assist with mortgage payments. The owners unit is also a 3 bedroom 2 bath and can easily be used as a garden-basement duplex to create additional living/recreational space. Both units enjoy expansive sun drenched formal living area which provides great space for entertaining. The formal dining area overlooks the beautiful granite kitchen any chef will love. Kitchen features floor to ceiling custom cabinetry, adorned with a full fleet of stainless steel appliances, and equipped with island with bar stool seating. 3 spacious king sized bedrooms, each equipped with ample closet space. The elegant primary suite is equipped with a private en suite with spa like finishes. Down the hall an additional bathroom is shared between the two other bedrooms and boast state of the art wall & floor tiles. The high ceiling full finished basement is equipped with both interior and exterior access and can easily be used as the perfect in law suite, media den, storage space, or additional recreational space. 661 Grassmere Terrace has been fully gutted and remodeled by an expert team of contractors featuring select wide-oak wood flooring, recessed lighting, updated electrical, heating, and plumbing systems throughout. Conveniently located with close proximity to major transportation which makes commuting a breeze. Short block to Rockaway Freeway, Cornaga Avenue, Ocean Crest Blvd. Stones throw to transportation, schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,125,000
Asking Price: $1,125,000
Term
30 Years
Down Payment
$112,000 (10%)
Min: 10% (112,000)
Rate
6.25 %
Mortgage Amount
$1,012,500
Mortgage Payment
$6,234
Taxes
$454
Estimated closing cost
$42,000
Total monthly cost $6,688
Listing Courtesy of Keystone Realty USA Corp

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