Real estate blog entries tagged with home ownership cheaper than renting by Kenneth Cole, NYS Licensed Real Estate Salesperson (Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com -)

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home ownership cheaper than renting: 479 Leverett Ave, Staten Island, New York - 11/03/14 10:55 PM

479 Leverett Ave, Staten Island, New York
Located in the Great Kills area of Staten Island's South Shore, this 3 bedroom, 2 bath unit has off street parking for two cars, is almost maintenance free, has beautiful hardwood flooring, ceramic tile, granite counter-tops and back-splash, high hat lighting, crown molding, stainless steel appliances, central air, cable ready, and more. For most folks with 20% down, it can be CHEAPER than renting. That's right, CHEAPER than paying rent. Let's take a look at the numbers.
List price is only $409,000
20% down payment is $81,800
Balance to mortgage $327,200
Mortgage at today's rates, 30 year conventional 4.125%
Monthly … (4 comments)

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