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Welcome to 1276 St. Marks Avenue, Unit 2 - a thoughtfully laid-out three-bedroom condo offering exceptional value, functional living space, low monthly carrying costs, and the added benefit of a tax abatement.
Priced at $550, 000 with monthly common charges of approximately $540, this home is a rare opportunity for buyers seeking space, convenience, and flexibility in Crown Heights.
The apartment features a bright and comfortable living and dining area with hardwood floors, oversized windows, and an efficient open layout that makes the most of the home's square footage. The kitchen is designed with generous counter space, dark wood cabinetry, stainless steel appliances, a dishwasher, and a breakfast bar that opens nicely into the dining area.
The home offers three bedrooms, allowing flexibility for a primary bedroom, guest room, home office, nursery, or creative workspace. The primary bedroom includes access to a walk-in closet, while the additional bedrooms are well-proportioned and filled with natural light.
Additional highlights include a renovated full bathroom, multiple closets throughout, and a private storage room with in-unit washer/dryer, offering the kind of everyday convenience rarely found at this price point.
The building sits on a tree-lined block and offers access to a spacious shared outdoor courtyard / common area, perfect for enjoying fresh air, relaxing, or entertaining.
With low monthly costs, a tax abatement, practical layout, and strong value for the neighborhood, 1276 St. Marks Avenue, Unit 2 is an excellent option for end-users and investors alike.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.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:
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Our Executive Mortgage Banker:
$550,000
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 | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,635 | $2,778 | $3,624 |
| Total Monthly Payment | $2,727 | $2,870 | $3,716 |
* 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.