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Don't miss this charming and well-maintained, second floor 1-bedroom co-op nestled in the sought-after Woodlands at Islip community! This lovingly cared-for home offers a warm and inviting layout perfect for comfortable everyday living. The spacious living room features hardwood floors under carpet and plenty of natural light. The formal dining area accommodates a full-size dining set and is ideal for entertaining. The eat-in kitchen boasts rich cherry cabinetry, granite-style countertops, stainless steel appliances, and tile flooring. The generous primary bedroom features a ceiling fan, crown molding, and hardwood floors under carpet. The full bathroom offers tile flooring and a window for natural light. Large deck to relax on facing the courtyard. Community amenities include an in-ground pool with lifeguard, half basketball and pickleball court, dog run, and beautifully landscaped common areas. Recent complex updates include new windows, vinyl siding, and roofs. Monthly maintenance covers taxes, heat, gas, water, sewer, pool, sanitation, landscaping, snow removal, and building upkeep. Residents are responsible for electric and cable only. Co-op board requirements include a minimum 650 credit score, debt-to-income ratio under 35%, and take-home income of at least three times the monthly maintenance fee. Pet policy permits one dog under 18 inches in height and 20 pounds, two cats, or one dog and one cat. Conveniently located near the Islip LIRR station, local town beaches, shopping, and dining. Low-maintenance living at its finest on Long Island! The Woodlands at Islip is an Equal Housing Opportunity community. All co-op requirements are set forth by the board and applied equally to all applicants. August occupancy. Seller Bonus: Will pay off the remainder of the current assessment so no additional charges per month incurred by you! This is for you if you are ready to become a homeowner and stop renting? Professional pics will be up by Thursday afternoon.
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Our Executive Mortgage Banker:
$270,000
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 | $216,000 | $216,000 | $216,000 |
| 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 | $1,330 | $1,365 | $1,794 |
| Total Monthly Payment | $1,405 | $1,440 | $1,869 |
* 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.