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When you pull into The Woodlands at Islip, the first thing you notice is how beautifully the community is maintained. This spacious second-floor one-bedroom offers a bright living room, galley kitchen, dining area, and large bedroom. Step outside to a generously sized private deck with a courtyard view. Inside, enjoy the ease of your own in-unit laundry with a full-size, stacked LG washer and dryer tucked into a closet. The area is accented by charming wall paneling with trim detail and hardwood flooring, adding character to the functionality. Community amenities include an in-ground pool with lifeguard, half basketball and pickleball court, dog run, and landscaped common areas. Recent updates include new windows, vinyl siding, and roofs. Maintenance covers taxes, heat, gas, water, sewer, pool, sanitation, landscaping, snow removal, and building upkeep. Residents are responsible for electric and cable. Co-op requirements: dog under 18 inches/20 lbs, 650+ credit score, debt-to-income ratio under 35%, and take-home income at least three times the maintenance fee. Conveniently located near restaurants, shopping, the LIRR, and Long Island beaches. It’s time to stop renting and start investing in yourself. Rent checks disappear, equity grows. Which would you rather have? Make the move that pays you back.
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:
$249,000
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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,131 | $1,193 | $1,588 |
| Total Monthly Payment | $1,206 | $1,268 | $1,663 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.