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Bright and spacious two bedroom, two bath unit with balcony located in the gated community of The Bay Club Condominium. The master bedroom can easily accommodate a king size bed and ensemble and features an en-suite bathroom. Both bedrooms boast generous closet space, allowing for maximum versatility of the floor space. Expansive living room opens up to a balcony that affords a panoramic views of the city and water. White kitchen features stone counter tops and stainless appliances. The Bay Club features 24 hour security, full time concierge and valet parking (indoor parking for an extra fee). A world class fitness center is complimented by a pool, spa, indoor and outdoor basketball courts, racquetball courts and tennis club. Further amenities include an on-site cafe, beauty salon, convenience store, dry cleaner, media room and club room. There is a laundry room on every floor. With all this, you will never need to leave home, but if you doExpress Bus service to Manhattan is conveniently located across the street with LIRR service also close by. Conveniently located in proximity to all major highways and the Whitestone and Throgs Neck Bridges. Nourish your appetite for outdoor life with ample park land along the nearby waterfront. The Bay Terrace Shopping Center is extremely close by as well.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,892 | $3,942 | $5,023 |
Total Monthly Payment | $3,984 | $4,034 | $5,115 |
* 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.