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Welcome to the highly desired, pet-friendly Balfour Building, one of Forest Hills’ premier co-ops! Move right into this newly renovated JR4, easily convertible to a 2-bedroom. A gracious entry foyer leads to a spacious, sun-filled living room featuring recessed lighting and open street, tree-lined views. Adjacent is a dedicated formal dining area that can effortlessly be converted into a second bedroom, home office, or den. The oversized primary bedroom comfortably fits a king-size bed with nightstands and features a large closet. The fully renovated, windowed kitchen is outfitted with quartz countertops and backsplash, stainless steel appliances, generous counter space, new tile flooring, and new plumbing. The windowed bathroom has also been completely renovated and includes a new standing shower, toilet, vanity, medicine cabinet, walls, plumbing, and tile floors. The Balfour is a full-service, well-managed six-story co-op offering a 24-hour doorman, live-in superintendent, and new elevators. Residents enjoy a beautifully landscaped, park-like garden with patio seating and umbrellas, three recently renovated laundry rooms with new machines, garage, private storage units, bicycle room, and a package room with BuildingLink. A newly added pet run park further enhances the amenities. Recent building upgrades include a new air-conditioned lobby, ramps, updated hallways, a community room, and a state-of-the-art fitness center with windows, Wi-Fi, and air conditioning. The building also features a resurfaced roof, new boilers, and extensive waterproofing. FIOS, Spectrum, and RCN are available. Ideally located just half a block from Queens Boulevard and the E & F express subway lines, with close proximity to the R & M trains, Q60 bus, and LIRR. Enjoy a short walk to the shops and restaurants along Austin Street and a commute of under 30 minutes to midtown Manhattan.
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Our Executive Mortgage Banker:
Our Insurance Division:
$488,000
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 | $390,400 | $390,400 | $390,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,217 | $2,341 | $3,138 |
| Total Monthly Payment | $2,292 | $2,416 | $3,213 |
* 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.