Beautifully renovated and charming 1 bedroom sits on the first floor of this 8 unit Co-op in Park Slope. Enter into a cozy living room with decorative fireplace, high ceilings and oversized windows that offer natural sunlight throughout the home. Gleaming hardwood floors lead into a large dining area and recently renovated kitchen with shaker style white cabinets, stainless steel appliances and plenty of storage. The quiet and spacious bedroom has plenty of space for sitting area, custom closets and large windows overlooking the buildings outdoor patio. Beautifully designed & renovated bathroom offers a large soaking tub and shower. Each room has its own ductless Mini-Split AC & heating system. The building does allow pets and subletting! 638 Warren Street is located on a quiet tree-lined street just a few blocks away from Barclays Center, multiple subway lines and the LIRR at Atlantic Terminal. Enjoy all that Park Slope has to offer with various restaurants and bars on 5th Street, shops on 7th and Prospect Park! NOTE: This is an HDFC Co-op with income restrictions for purchasers. The max allowable income per household is $147, 600 [unless there are 3 or more dependents on tax returns], then it would be $172, 200. *Some photos are virtually staged
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William Raveis Mortgage, LLC
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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 | $503,200 | $503,200 | $503,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,433 | $3,344 | $4,246 |
Total Monthly Payment | $3,525 | $3,436 | $4,338 |
* 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.