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This bright and well-proportioned one-bedroom home offers an exceptional opportunity to own in Upper Ditmars at a remarkable value. With a smart, efficient layout, beautiful architectural details, and strong natural light from both southwestern and eastern exposures, the apartment provides the perfect foundation for a buyer looking to create their ideal home. While some updating may be desired, the space, layout, and location make this one of the most compelling and affordable opportunities currently available in the neighborhood. A welcoming foyer opens into an expansive living room featuring hardwood floors and original archways that add warmth and character while naturally defining the living and dining areas. The living room offers generous proportions and flexibility for multiple furniture arrangements, while the separate dining room provides a true, dedicated space for meals, entertaining, or a comfortable work-from-home setup. The windowed kitchen sits just off the dining room and offers ample cabinetry and counter space. For buyers seeking a more open layout, the kitchen presents the potential to be opened to the dining area, creating a seamless flow for modern living. Storage throughout the apartment is excellent, with four closets in total. One closet located near the bathroom offers the opportunity to install a washer and dryer, adding a level of convenience rarely found in homes of this size. The bedroom is well sized and privately positioned off the hallway, offering comfortable proportions and great natural light. A nearby windowed bathroom completes the home. Barclay Gardens is set within beautifully landscaped, park-like grounds that create a quiet and serene residential environment rarely found in the city. The complex is financially stable and well managed and offers amenities including waitlisted parking, storage, and laundry facilities. Both cats and dogs are welcome. Monthly common charges are $515. 58, which include heat, hot water, and property maintenance. Annual property taxes are $4, 609. 92. Transportation is exceptionally convenient. The M60 bus is just around the corner and provides a quick six-minute ride to the N/W subway lines. Citibike stations, the BQE, and the Grand Central Parkway are all just two blocks away. For buyers looking for space, character, and the opportunity to personalize a home in one of Astoria’s most desirable residential pockets, this Upper Ditmars residence offers tremendous potential at an approachable price.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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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 | $303,200 | $303,200 | $303,200 |
| 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 | $384 | $384 | $384 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,794 | $1,892 | $2,477 |
| Total Monthly Payment | $2,253 | $2,351 | $2,936 |
* 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.