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Ring in the New Year with a fresh start at Meadowwood at Gateway. Just in time to welcome the season of newness, this beautifully maintained 3-bedroom, 1. 5-bathroom end unit condo offers the perfect opportunity to step into the New Year with comfort, space, and ease. Conveniently located near Gateway Center Mall, one of Brooklyn’s most well-known and beloved shopping destinations with immediate access to Target, BJ’s, Home Depot, ShopRite, dining and more. This home blends everyday convenience with thoughtful design, including easy access to post-holiday shopping, dining, and essentials. Freshly painted throughout, the unit features an open concept layout designed to maximize both flow and natural light. A striking wall of windows brightens the living space, creating an inviting atmosphere ideal for relaxing or entertaining. The modern kitchen boasts granite countertops and a spacious island, making it as functional as it is stylish. The home is further enhanced by a brand-new, never-used refrigerator equipped with an in-door water dispenser and ice maker. An LG dual washer, approximately two years old and still under manufacturer warranty, is also included, along with a matching electric dryer. The primary bedroom is generously sized at 18 feet, 2 inches by 12 feet, 9 inches, easily accommodating a California King bed with room to spare and includes a private half bath and ample closet space. Two additional well-proportioned bedrooms provide flexibility for guests, a home office, or additional living needs. The full bathroom features a deep 17-inch soaking tub, perfect for unwinding at the end of the day. Additional highlights include three hallway closets for excellent storage, a 13-foot by 8-foot private terrace with screened porch, and projecror screen, an ideal setting for cozy evenings, whether enjoying fresh air or a movie night at home. The unit is considered a main-floor residence with only two minimal steps leading into the apartment, offering ease of access without cumbersome staircases. The unit currently receives a $1, 484 annual tax abatement that is associated with the condo unit and is expected to transfer to the new owner, subject to applicable program terms and confirmation. Ample parking spaces are readily available with no waiting list and parking fees are notably affordable and an exceptional convenience rarely found in the area. The building itself is well-maintained and professionally managed with low taxes and a low HOA that will afford the new owner long-term value and peace of mind. Transportation and commuting are a breeze with close proximity to major highways and public transit options. Enjoy a streamlined purchase experience without the complexities often associated with occupied homes, allowing for a smooth and efficient transition for the next owner. The New Year is about to get a lot happier for one special buyer! Please note: This property has been virtually staged. Furnishings and decor shown are for illustrative purposes only.
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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 | $380,000 | $380,000 | $380,000 |
| 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 | $316 | $316 | $316 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,158 | $2,309 | $3,080 |
| Total Monthly Payment | $2,549 | $2,700 | $3,471 |
* 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.