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Welcome to this well-maintained 2-bedroom, 1-bath co-op in the heart of Douglaston, School District 26. This first-floor corner unit features three exposures, offering great natural light throughout. Spacious rooms, hardwood floors, abundant closet space, and washer/dryer combo in unit. Renovated kitchen with new appliances and ample cabinetry. Bathroom renovated in recent years. Amenities include outdoor BBQing, a playground, and rear parking, with garage parking available via waitlist. A ramp is currently installed at the front entrance and can be removed at the buyer’s request. Maintenance includes all utilities (electric, gas, heat, hot water, water, taxes), plus snow and garbage removal, grounds care, and security. Conveniently located near express and local buses, approximately 1. 4 miles to the LIRR, and close to shopping, dining and more. Additional details: • Flip tax paid by seller • Max 80% financing; DTI = 36% Maintenance: $1, 230/month (includes applicable appliance fees) A must see!
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Our Executive Mortgage Banker:
$388,000
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 | $310,400 | $310,400 | $310,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,911 | $1,962 | $2,578 |
| Total Monthly Payment | $1,986 | $2,037 | $2,653 |
* 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.