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Welcome to this bright and inviting first-floor 1-bedroom co-op located in the highly sought-after Great Neck Terrace community, where comfort, convenience, and resort-style living come together effortlessly. The sun-filled living area offers a warm and welcoming atmosphere, perfect for relaxing at home or entertaining guests. This charming garden apartment features gas cooking, wall A/C units, and classic hardwood floors throughout—combining practicality with timeless style. Step outside and enjoy beautifully manicured grounds that provide a serene outdoor retreat right outside your door. Residents of Great Neck Terrace enjoy an impressive lineup of amenities, including Laundry Room, an Olympic-sized swimming pool, kiddie pool, playground, and a designated dog run. Sports enthusiasts will love the basketball, volleyball, and tennis courts, offering endless opportunities for recreation. This unit also includes its own designated parking space, ensuring added convenience. For social gatherings, the community party room is available for hosting events with ease. Commuters will appreciate being within walking distance of the LIRR, making travel to Manhattan simple and stress-free. Monthly maintenance covers heat, hot water, sewer, trash, water, landscaping, and snow removal—adding extra value and peace of mind. Set within one of Great Neck’s most desirable neighborhoods, this co-op offers the perfect blend of tranquility, amenities, and accessibility. Whether you're lounging by the pool, enjoying the beautifully maintained grounds, or benefiting from the quick commute, this home delivers an exceptional living experience.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$289,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $231,999 | $231,999 | $231,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.292% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,299 | $1,410 | $1,880 |
| Total Monthly Payment | $1,374 | $1,485 | $1,955 |
* 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.