If you love to stroll around your own neighborhood, this could be the home for you: situated right on Foster Avenue at the Fiske-Midwood Park Historic District, this neighborhood is filled with historic, elegant Victorian and Colonial style homes built along many wide tree-lined malls giving it a taste of history and suburbia. In one of the most sought after Kensington/Ditmas/Midwood CO-OPS, this beautiful, enormous Junior 4 features a spacious interior, outstanding storage, and a part-time doorman. Residents also enjoy a live-in superintendent, a package delivery room, smartcard laundry facilities and low monthly common charges. The flexible floor plan features a long closet-lined hallway, a spacious living room, a large raised dining area, a pantry closet and a newer kitchen with stainless steel appliances and a dishwasher. The main bedroom can easily accommodate a California King sized bedroom set. This corner unit also has a stunning new bathroom, high ceilings and large east and south-facing windows. The newly refinished hardwood floors, and variety of millwork add an architectural designer elegance throughout. The sun-filled extra room in this co-op easily provides a home office, fitness area, or additional guest and living space. Close to Brooklyn College, and a few minutes from Prospect Park, the stately Foster Arms Co-op is also close to the Q Subway line. Transportation is a breeze with the B8 bus practically outside the door, and the B49 just a few blocks away, along with the B1, B3 and B4 on Ocean Avenue.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,228 | $4,109 |
Total Monthly Payment | $3,361 | $3,320 | $4,201 |
* 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.