|
Imagine unlocking the door to your very own 2-bedroom sanctuary, nestled on the 1st floor of a vibrant cooperative residence, with a picturesque park view from its individual entrance right across from Alley Pond Park. Bask in the warmth of natural light pouring in through the windows of this south-facing haven. Residents get to revel in the joy of BBQ area, and furry friends are more than welcome too, as the property is dog-friendly. After an initial 2-year owner occupancy period under a 2-year term, the freedom to sub-lease opens up. For just $1, 214 monthly, your maintenance fee covers all utilities except electricity, with a small security fee of $20. 44 extra and an assessment fee of $57. 20 monthly until the end of 2028 that goes towards exciting upgrades like new windows, a new roof, and parking lot improvements. Welcome to a community served by the school district #26, schools like PS 205, MS 74, Cardozo High School, and Queens Community College nearby. Transportation couldn't be easier with buses Q27, Q88, and Q46 transfer to E/F express subway and Qm5/6/8/35/46 buses to NYC. To make this place yours, a 20% down payment is required, suggested requirements $80, 000 minimum for one person purchase and $130, 000 for two, alongside a credit score of 750 or higher, and don't forget the mandatory owner occupancy. The interior courtyard awaits, having a serene and idyllic ambiance.
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:
$349,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $279,200 | $279,200 | $279,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,542 | $1,652 | $2,226 |
| Total Monthly Payment | $1,617 | $1,727 | $2,301 |
* 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.