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Welcome to Stonegate- comfort, convenience and effortless living at an affordable price! This inviting one bedroom, one bath co-op offers the perfect blend of tranquility and space in a beautifully maintained community. The second floor unit features a kitchen with brand new stainless steel appliances and a dining area- perfect for entertaining- just add new carpeting and your personal touches to make it your own. Step out onto your private balcony and enjoy panoramic views and gorgeous sunsets. Stonegate residents enjoy a relaxing lifestyle with almost everything included in the monthly maintenance fees- taxes, heat, hot water, internet & cable, grounds & building maintenance- just pay your electric bill. This well kept community features a pool, picnic & barbecue area, on site laundry and dedicated parking- your spot is right out front of your unit. The location is convenient- close to shopping, great restaurants, bars and coffee shops, Metro North station- express trains to NYC and Peekskill's vibrant Hudson River waterfront park and wonderful hiking nearby. Living here is cheaper than paying rent but keep in mind- board approval is required- minimum credit score 775, 20% down payment at contract signing and income requirement- cash buyer: minimum $38, 000 annual income per applicant and for a buyer getting a mortgage minimum $55, 000 annual income per applicant and minimum $15, 000 in liquid reserves after closing and maximum debt to income ratio of 30%- there are no exceptions to these requirements. At Stonegate, you will find a balance of relaxation and accessibility- an ideal setting for enjoyable living at an amazing price- this is the lowest priced one bedroom currently available in Peekskill- if you meet the requirements make an appointment to see it today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$120,000
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 | $96,000 | $96,000 | $96,000 |
| 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 | $591 | $607 | $797 |
| Total Monthly Payment | $666 | $682 | $872 |
* 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.