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Located in sought-after Dean Estates, this move-in-ready second-floor condo stands out for its price and location! Just minutes from Garden City Center and Chapel View, you'll enjoy access to premier shopping, dining, and neighborhood conveniences right outside your door. The layout feels spacious and open, featuring high ceilings, large windows, fresh paint, and brand-new carpeting that gives the space a warm and inviting feel. The kitchen offers generous cabinetry and counter space, with additional highlights including a refreshed bathroom and in-unit laundry. With low monthly fees that include heat and hot water, this condo is an affordable homeownership opportunity and a financially smart alternative to renting. It also offers investment potential, with one-bedroom rentals in the Garden City area commanding top dollar - an appealing option for investors seeking equity growth in a premier location.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $179,920 | $179,920 | $179,920 |
| 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 | $192 | $192 | $192 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,050 | $1,122 | $1,458 |
| Total Monthly Payment | $1,317 | $1,389 | $1,725 |
* 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.