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Most highly-rated in New York City, further adds to the appeal of this well-regarded cooperative. Rare Opportunity, Corner Unit, Top Floor of a six story building. 3 bedrooms, 2 baths, 2 Designated Parking Spaces, Terrace w a View of Little Neck Bay. Priced to make it your own needs TLC. Extremely close to all shopping and all transportation. Bay Country also has a Fitness Room, Picnic Areas, Two Tennis Courts, a Playground w/ Basketball court, On-site Security, . Spotless laundry room on ground floor, access to a private playground and Beautiful park-like grounds, with picnic tables and chairs to relax outside and enjoy the fresh air . The cooperative has been lauded in the press for its fiscal soundness. Common areas and buildings have been renovated and are maintained to the highest standards. Located in School District 25 - one of the most highly-rated in New York City, further adds to the appeal of this well-regarded cooperative.
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Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,751 | $1,872 | $2,431 |
| Total Monthly Payment | $1,826 | $1,947 | $2,506 |
* 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.