Introducing Unit 8B, a two bedroom, second floor unit within Islip's Forest Green Co-op community. Positioned in an incredibly convenient location that allows for ease of access to the Islip LIRR station (only 0. 8 mile away), along with major roadways. Perhaps even more exciting is the fact that Islip’s Main Street stretch - with fantastic dining options, boutiques, and daily conveniences, is also just around the corner from the unit - and Bay Shore’s vibrant main is not far, either. Bay and ocean beaches, ferry service to Fire Island, marinas, and much more are all noteworthy lifestyle points. A very comfortable open concept living and dining room separates two generously sized bedrooms (Approx 10’ x 16. 5” and 13 x 15. 5’), with updated carpeting and durable vinyl are consistent throughout - along with excellent closet space (5 closets total) and 4 sets of south facing windows. A galley-style kitchen is outfitted with quality cabinetry, granite countertops, stainless steel range, fridge, microwave, and dishwasher, and a full tiled backsplash. The bathroom, which features a tub, was recently refreshed. Three new Frigidaire air conditioning units were recently installed and while common laundry is available, in-unit laundry is permitted with approval for added convenience. Forest Green offers residents other on-site amenities, inclusive of a saltwater pool, clubhouse, fitness room, walking paths, and 2 parking spots available per unit. It is also a pet friendly co-op community, with a dog run available for use. Maintenance fees cover taxes, heat, water, grounds maintenance & snow removal, other maintenance, and common area amenities. Whether you’re seeking out a downsize opportunity, your first home, a new chapter, or a pied a terre in a prime lifestyle location, Forest Green is a worthwhile consideration - and unit 8B presents a wonderful, turnkey opportunity.
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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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,377 | $1,453 | $1,939 |
| Total Monthly Payment | $1,452 | $1,528 | $2,014 |
* 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.