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Expansive Living at The Cromwell! Largest JR4/2 bedroom suite with an enclosed terrace situated in the heart of Forest Hills with a smart layout. Offering over 1000sf of living space and an abundance of storage. An entry hallway with double closets will lead you into a designated foyer perfect for formal dining. The expansive living room delivers on functionality with an enclosed terrace for some outdoor living. Enjoy cooking with your spacious well-equipped kitchen. Windowed bath with a separate tub and shower stall. The expansive bedrooms offer airy and bright exposures. Closets have been masterfully optimized and combined to create a walk-in storage space in the primary bedroom. Charming arches, refinished oak wood floors and moldings throughout. The premier Cromwell is one of the most sought after complex in Forest Hills. This well-known cooperative is touted for its sound financials, graceful landscaping and sitting area, modern lobby with new intercom and security cameras, part-time doorman and live-in super. One of the few pet friendly (dogs & cats) allowed with board approval. Additional amenities include indoor parking (waiting list), laundry facilities and bicycle and storage rooms. A way of life w/walkable convenience to a stellar selection of diverse restaurants, cafes, bar & shops. 2 minutes to the express & local trains, 5 mins to the LIRR which will get you into Penn Station in less than 20 mins. Quick & seamless access to highways and express buses to Manhattan. Zoned for the well sought after PS196 school and playgrounds. Coop Board Application & Interview Required Minimum Down Payment: 20% Pets: YES-Dogs&Cats Subletting: Allowed
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$409,000
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 | $327,200 | $327,200 | $327,200 |
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% | 7.146 | 6.120% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,122 | $2,149 | $2,739 |
Total Monthly Payment | $2,197 | $2,224 | $2,814 |
* 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.