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Sponsor Sale – No Board Approval Required Spacious 1-Bedroom with Elegant Finishes Welcome to this beautifully updated sponsor unit—a true one-bedroom residence offering a spacious and highly functional layout. With no board approval required, the purchasing process is simple and efficient. A minimum 20% down payment is required, and the current monthly assessment is $102. 66. Apartment Features This thoughtfully designed home features a well-proportioned living area and an eat in kitchen, offering a comfortable and practical layout. The renovated kitchen includes: Stainless steel appliances White shaker cabinetry Sleek quartz countertops Rich hardwood floors run throughout the home, adding warmth and timeless appeal. The newly updated bathroom is elegantly finished and includes a full bathtub and shower combination, offering both comfort and practicality. Prime Location Perfectly situated near a variety of restaurants, shops, and entertainment, this home also provides convenient access to public transportation for an easy commute to Manhattan and surrounding areas. A park located directly across the street offers a peaceful outdoor retreat just steps from your door. Outdoor & Building Amenities Private backyard with table and chairs Relaxing swing chair BBQ area, ideal for gatherings Purchase & Building Requirements While no formal board approval is required, buyers must submit: A short disclosure form Criminal background check A courtesy meet-and-greet interview with the board will be scheduled prior to closing. Dogs are permitted with board approval prior to closing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$269,000
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
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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 | $215,200 | $215,200 | $215,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,273 | $1,325 | $1,744 |
| Total Monthly Payment | $1,348 | $1,400 | $1,819 |
* 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.