Welcome to 70 Sherman Ave 3H. A charming 2-bedroom co-op located in the desirable Lincoln Park community of Yonkers. Upon entering this sunny, spacious home you’ll notice a lovely kitchen with stainless steel appliances and gas cooking range. The kitchen leads to a large, dedicated dining area, drenched with natural light. The home boasts a large foyer, an office area and a large bright living room. Each of the two bedrooms has ample closet space. The large primary also has built-ins offering even more storage. There is a full bath with tiled walls and a bath/shower combo. This freshly painted home has several other inviting features including hardwood flooring throughout, tall ceilings, plenty of natural light, ceiling fans and dedicated cooling units in each room. The building is pet friendly and conveniently offers on-site laundry. In addition to all this co-op offers, the building's location is in a vibrant neighborhood. Convenient to shopping, dining, public transit, (Metro North, , NYC Subway, Express Bus to NYC , Major Deegan and Saw Mill River Parkway) as well as city and county parks. Don’t miss this opportunity to make 70 Sherman 3H your new home! Schedule your showing today. Board approval required. Min down 20% Credit score 725 first applicant and 700 + for second, Max DTI 35%, Six months liquid assets to cover all expenses, No Bankruptcy in the past 5 years, No late payments for the last 6 years, 2 years steady employment. Pet weight limit. CASH OFFERS ONLY. 3 Story walk up.
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Our Executive Mortgage Banker:
$159,500
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 | $127,600 | $127,600 | $127,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $735 | $817 | $1,060 |
| Total Monthly Payment | $810 | $892 | $1,135 |
* 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.