1 Ascot Ridge, #1A, Great Neck Est, NY, 11021 | $250,000

A short train ride to Manhattan, beautiful pre-war gems like this one in the heart of the Village of Great Neck Estates do not come to market frequently. Apt 1A at 1 Ascot Ridge is a one bedroom co-op apartment with a truly elegant old-world charm. The lobby features a large, welcoming central fireplace and seating area. The apartment itself has a spacious entry foyer and hardwood floors throughout. The living room features French doors that open onto a quaint foot balcony. The eat-in-kitchen is spacious, and is ready for remodeling to your own specs. The bedroom itself features two sets of French doors, each leading to its own foot balcony enabling enjoyment of the fresh air and the lush surroundings, which are filled with hydrangea in the summer. Residency includes free outdoor parking, and enclosed garage spaces are available via waitlist. A storage unit and on-site laundry are included. The residents also enjoy exclusive access to the Great Neck Estates private, idyllic waterfront park, featuring a pool and tennis courts: a perfect blend of recreation and relaxation. A dedicated police force enhances residents' sense of security. Near public transportation and the town, this apartment offers the perfect balance of seclusion and connectedness. An assessment of $134 per month, ending in February 2027, ensures the continued maintenance and enhancement of this unique building. With a little updating, this one-bedroom apartment will be transformed into a dream home, where historic charm meets modern comfort. Appearance: TLC

Features

  • Parking: 1-car, Parking Lot
  • Heating: Hot Water, Natural Gas
  • Cooling: None
  • Levels: 3
  • Amenities: Maintenance Grounds, Park, Snow Removal, Trash
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: Ascot Ridge Corp.
  • Year Built: 1935
  • Approx Sq. Feet: 600
  • Lot Desc: Near Public Transit, Near Shops
  • Elem. School: Saddle Rock School
  • Middle School: Great Neck South Middle School
  • High School: Great Neck South High School
  • School District: Great Neck
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Tankless Water Heater
  • MLS#: 958643
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /prop/958643/1ascotridge_greatneckest_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

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1 Ascot Ridge, #1A, Great Neck Est, NY, 11021

$250,000

Robinson and Rull

Sales Associates

William Raveis Real Estate

Phone: 617.512.8729

RobinsonAndRull@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,198 $1,263 $1,661
Total Monthly Payment $1,273 $1,338 $1,736

* 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.