Welcome to Irvington Gardens at 120 North Broadway. Unit #9D is a charming garden-style co-op with its own private entrance and a cozy front porch, perfect for starting the day with coffee, enjoying a good book, or dining outdoors in the warmer months. This one bedroom home offers a bright and comfortable living space with hardwood floors throughout. The kitchen is open to the bright dining area and has been updated with sleek GE stainless steel appliances. The full-size stacked washer and dryer provides a level of convenience not often found in co-op living. There is also useful under-stair storage in the laundry room, offering a practical solution for keeping extra items tucked away. The living room and dining area benefit from east/west exposures for great natural light, creating a warm and welcoming feel throughout the day. The community is well-kept and thoughtfully landscaped, with established trees, open green spaces, and a playground nearby. Assigned parking is included. For those who enjoy the outdoors, the Old Croton Aqueduct Trail is nearby; a scenic path for walking, jogging, or biking into the village where shops, restaurants, and Hudson River waterfront await. Schools, local parks, and public transportation are also close by, adding to the convenience of this location. If you’ve been looking for a home that combines comfort with easy access to both nature and village life, this co-op is one you’ll want to see. Please note financial requirements: Gross annual income equal to at least 4x or greater the annual maintenance costs, preferred. Nine months maintenance or greater in liquid assets/savings required. Down payment of at least 10% at contract signing required w/ 90% financing allowable. Required minimum DTI ratio not to exceed 45%. Minimum Credit Score of 700 or above, required for each applicant. Monthly maintenance for this unit is currently $875. 67.
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NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $155,600 | $155,600 | $155,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.292% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $883 | $945 | $1,261 |
| Total Monthly Payment | $958 | $1,020 | $1,336 |
* 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.