58-03 Calloway Street, #4CC, Corona, NY, 11368 | $399,000

Why settle for renting when you could own this delightful 2 bed, 2 bath Apartment. This corner apartment is bathed in natural light from its East-facing exposure, offering expansive views. With just a 10% down payment, you could turn this into your new home! After three years of ownership, you have the flexibility to sublet or invite a family member to move in immediately. Inside, relish the warmth of natural hardwood floors and abundant closet space. It's currently being used as 3 bedrooms all photos have been virtually enchanced the apartment is still owner occupied. The building features elevator access, a welcoming community room, recently updated hallways, convenient storage facilities, a serene private park, and on-site laundry amenities. Maintenance fees cover essential utilities like heat, hot water, and cooking gas. Situated near Queens Center Mall and Rego Park Center Mall, with diverse shopping and dining options including Costco, the Forest Hills Chateau offers unparalleled convenience. Its proximity to Flushing Meadows Park, CitiField, Queens Zoo, and the U. S. Open Tennis Center ensures endless entertainment possibilities. With accessible transportation options such as subway and express buses to Manhattan, this apartment guarantees both convenience and comfort for a fulfilling lifestyle.

Features

  • Heating: Natural Gas, Oil, Other
  • Cooling: Window Unit(s)
  • Levels: 7
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: Forest Hills Chateau
  • Year Built: 1963
  • Approx Sq. Feet: 1,089
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit, Private
  • View: Open, Park/Greenbelt, Other
  • Middle School: Queens Collegiate
  • High School: Queens Collegiate
  • School District: Community District 28
  • Pet Policy: Cats OK
  • Appliances: Cooktop, Refrigerator
  • MLS#: 3540917
  • Days on Market: 60 days
  • Website: https://www.raveis.com
    /prop/3540917/5803callowaystreet_corona_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Winzone Realty Inc   Phone: 718-899-7000

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

58-03 Calloway Street, #4CC, Corona, NY, 11368

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.308% 6.644%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,205 $2,151 $2,759
Total Monthly Payment $2,280 $2,226 $2,834

* 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.