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Welcome to this spacious 3-bedroom, 1. 5-bath residence in sought-after Southridge community of Jackson Heights. Offering approximately 1, 100 square feet of living space, this bright and inviting home features an oversized sun-filled living room with recessed lighting, hardwood floors throughout, and a separate dining area ideal for everyday living and entertaining. The renovated kitchen is finished with sleek glossy cabinetry, quartz countertops, stainless-steel appliances, tiled backsplash, and space for casual dining. All three bedrooms offer closet space, including a spacious primary bedroom with ceiling fan, complemented by a linen closet and coat closet near the front entry for additional storage. The apartment also features a renovated full bathroom plus an updated half bath for added convenience. Residents enjoy beautifully maintained grounds, updated lobby, on-site laundry, outdoor playground, indoor playroom/party room, and on-site gym membership for just $10/month. Garage parking and storage bins are available via waitlist. Monthly maintenance of $1265. 66 includes ALL utilities and taxes. Conveniently located near shopping, schools, parks, restaurants, multiple bus routes, and approximately 8 minutes to the 7 train. Pet-friendly building allowing cats and dogs under 25 lbs. No subletting permitted. Building purchaser requirement applies: minimum 20% down, 2 years at current job and monthly income is 7x the MM + 1 mortgage payment.
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Our Executive Mortgage Banker:
$499,000
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 |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,426 | $2,521 | $3,315 |
| Total Monthly Payment | $2,501 | $2,596 | $3,390 |
* 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.