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One Bedroom Co-op Apartment with Terrace This spacious one bedroom Berkeley Towers co-op apartment, located in The Madison building, features a large living room, bedroom, the pass-thru kitchen leads to dining area overlooking the terrace. The terrace is generous space for furniture and entertaining. Ample storage is available in this unit with a large double door closet in the living room, walk in closet and separate linen closet in hallway and a large triple door closet in the bedroom. Berkeley Towers is a 12 story full service doorman building that is pet friendly. Building amenities include live in super, management office, lobby level laundry and pack/mail rooms as well as beautiful outdoor community patio area and a private multi-purpose function room. Parking and storage available (both on a waitlist basis). Maintenance: Approx $ 840 /mo. includes heat, water, electricity and taxes. AC unit Usage Charge: $25/mo. /per unit. Close to transportation (#7 train, LIRR, Q 32 & 60 and shuttle to LaGuardia airport), shopping, restaurants, cafes, library, Windmuller Park and eligibility for private park membership at Sunnyside Gardens Park.
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Our Executive Mortgage Banker:
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$450,000
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 | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.545% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,158 | $2,246 | $2,965 |
| Total Monthly Payment | $2,233 | $2,321 | $3,040 |
* 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.