Balcony Upgrade: In 2022, the original wood beam on the balcony was replaced with a large metal beam, ensuring structural integrity and safety. (Pictures available upon request). The property boasts a brand-new roof and shingles, offering enhanced protection against the elements. Hot Water Heater Installed new in 2022, Legal Conversion: In 2005, the original 2-family layout was legally converted into a 3-family configuration, featuring fireproof doors, a sprinkler system, and double sheet rock in critical areas such as the basement, lobby, and staircase to the top floor, ensuring compliance with safety regulations. 2nd Floor Apartment (Owners' Unit): Open Floor Layout: Embracing the contemporary trend, the apartment features an open floor layout, optimizing space and fostering a sense of connectivity. Customized Closets: All closets are meticulously installed by the renowned California Closet company, offering ample storage solutions tailored to modern living needs. High-Quality Fixtures: The living area boasts a large custom-built closet from The Sliding Door Company, reflecting both quality craftsmanship and luxury. Appliance Quality: Equipped with whisper-quiet Bosch dishwashers, ensuring efficient and discreet operation. Modernized Bathrooms and Kitchens: From the basement to the top floor, all bathrooms and kitchens have been updated with brand-new fixtures and fittings, enhancing functionality and aesthetics. Practical Design: Select bathrooms, including the 2nd-floor small bathroom and the basement bathroom, feature "wet" designs with drains in the floor, offering practicality and ease of maintenance.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $1,599,999 | $1,599,999 | $1,599,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | $789 | $789 | $789 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,465 | $10,245 | $13,828 |
Total Monthly Payment | $10,379 | $11,159 | $14,742 |
* 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.