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Presented by
The Rosemarie Smith Team |
Move right in to this sun-drenched 1 bedroom apartment on the 2nd floor of a well-maintained co-op building. Freshly painted throughout with new carpeting in the living and bedroom, this spacious unit is truly turnkey. The updated kitchen features a stainless steel refrigerator and gas range, complemented by sleek new flooring. Enjoy expansive windows that flood the unit with natural light and a modern bathroom updated with a new vanity. This building is conveniently located just 0. 5 mi. from the Lynbrook LIRR station, downtown shopping and dining, and Merrick Rd bus route, plus just a 20 minute drive to the beach. Residents also enjoy a delightful fenced-in communal garden and patio, individual private storage rooms, and on-site laundry room. The building has no elevator. While there is ample daytime street parking, Lynbrook residents must park off-street from 3AM to 5 AM. Overnight parking lots are 2-3 blocks away, with required permit stickers available from the Village of Lynbrook for $200/year. Tenants are responsible for electric and cooking gas. Co-op board application ($150 fee) and interview required. Tenant screening is done through On-Site for $20/adult applicant.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$2,350
Sales Associates
William Raveis Real Estate
Phone: 860.227.5806
TheRosemarieSmithTeam@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $1,880 | $1,880 | $1,880 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $11 | $12 | $15 |
| Total Monthly Payment | $86 | $87 | $90 |
* 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.