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Presented by
Mary Ellen Gallo - Liz McCarron Team |
Welcome to Unit 5E at Greenwood Arms, 85-10 151st Avenue — a beautifully updated one-bedroom co-op in the heart of Howard Beach that blends comfort, convenience, and value. Offering approximately 750 square feet of thoughtfully designed living space, this home features hardwood floors throughout, a renovated galley kitchen with sleek finishes, and an updated bathroom with a clean, modern aesthetic. The layout feels spacious, functional, and easy to live in. One of the standout features? The maintenance includes ALL utilities — including heat, gas, electric, water, and even basic cable — giving you simplicity, convenience, and predictable monthly expenses. Located within the well-maintained Greenwood Arms cooperative, residents enjoy a peaceful, established community just moments from shopping, restaurants, parks, schools, and transportation options. Whether you’re looking for your first home, downsizing, or simply searching for a move-in-ready opportunity in Howard Beach, Unit 5E delivers the perfect balance of lifestyle and practicality.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$215,000
Sales Associate
William Raveis Real Estate
Phone: 781.771.7574
MaryEllen.Gallo@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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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 | $172,000 | $172,000 | $172,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,030 | $1,086 | $1,428 |
| Total Monthly Payment | $1,105 | $1,161 | $1,503 |
* 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.