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Simplify your lifestyle in this spacious townhouse co-op unit at First Meadowbrook! Large bright open concept living and dining room combo with a wall of windows and door to the private back patio, with many perennials and looks out to a common back yard. Bright white kitchen with large window to let in the natural light. Ceiling fans in kitchen and DR. A 1/2 bath and large hall closet complete the first floor. One of only several units with 3 bedrooms all with double closets. Gorgeous hardwood floors on main and second floors. Partially finished basement is perfect for office or hobbies and includes a laundry room and more storage. In wall and window a/c units. HEAT/HOT WATER are included in the monthly HOA. The only utility not included is electricity. This home has been loved for many years. Bring your ideas for updates and to make it your own! So much space and possibility in this unit. Because this is a co-op, no financing allowed--cash only. Please see income requirements in attached documents.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Hardwood Floor | 10.3 x 14.2 | Upper |
| Bedroom 2 | Hardwood Floor | 9.8 x 10.1 | Upper |
| Dining Room | Ceiling Fan,Combination Liv/Din Rm,Hardwood Floor | 6.6 x 13.9 | Main |
| Eat-In Kitchen | Ceiling Fan,Vinyl Floor | 9.1 x 10.6 | Main |
| Living Room | Combination Liv/Din Rm,Hardwood Floor | 13.3 x 19.0 | Main |
| Primary Bedroom | Hardwood Floor | 10.3 x 15.6 | Upper |
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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 | $136,000 | $136,000 | $136,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $837 | $882 | $1,138 |
| Total Monthly Payment | $912 | $957 | $1,213 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.