This Summit apt. has it all! 2 BR 2 Bth corner apt. with closet lined EH and Foyer adaptable for use as library, office, TV etc. Large LR. , door to expansive terrace, ideal for dining while enjoying amazing rooftop view to LI Sound on horizon. The sep. Dining area with window can be closed off from the LR if desired. Kit. offers extensive counter space & attractive tile floor. Primary bedroom has wall of closets plus linen clst & private bath with window. Corner location provides cross ventilation. Second BR and Full hall Bth complete this large, bright apt. Updates needed. There are so many advantages to living at The Summit! You will appreciate the welcoming Lobby, security system, lovely Pool and barbecue area, on-site pkg, ldry on ea. floor. Efficient and friendly resident staff and more. Indoor pkg and storage lockers when available. Just a short walk to train, Bee-Line bus, Village shops, movies & restaurants & pool. Rights to Oakland Beach. Maint. $1345 mth without STAR.
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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 | $204,000 | $204,000 | $204,000 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,323 | $1,340 | $1,708 |
Total Monthly Payment | $1,398 | $1,415 | $1,783 |
* 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.