Welcome to The Chelsea in the highly sought-after neighborhood of Jamaica Estates, Queens. This well-maintained and spacious one-bedroom apartment offers the perfect blend of comfort, convenience, and prestige. Situated in a prime location, this residence boasts a generously sized living room, dining room, and an inviting eat-in kitchen. Storage space abounds, ensuring functionality and organization within the apartment. The Chelsea offers a unique advantage with no flip tax and remarkably low co-op maintenance fees. Residents benefit from inclusive amenities such as heat, water, and taxes, providing a hassle-free living experience. Transportation is a breeze with easy access to multiple bus lines (Q1, Q2, Q3, Q36, Q46, and Q17) along Hillside Avenue, and the nearby express X68 offering direct routes to Manhattan. For subway commuters, the 179th St Subway Station [E, F Trains] is less than half a mile away, enhancing city accessibility. Additionally, the Q3 conveniently connects to JFK Airport, ensuring effortless travel. Ideal for both commuters and remote workers, this location offers proximity to shopping centers, major highways, and efficient public transportation options. Whether commuting to work or embracing the flexibility of working from home, this residence caters to diverse lifestyles. Please note that co-op board approval is necessary for residency in this esteemed community, ensuring a harmonious living environment. Seize the opportunity to own this remarkable apartment in Jamaica Estates-where convenience meets sophistication in one of Queens' most prestigious neighborhoods. , Additional information: Appearance: Excellent, Interior Features: Efficiency Kitchen, Lr/Dr
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $132,000 | $132,000 | $132,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $867 | $867 | $1,105 |
Total Monthly Payment | $942 | $942 | $1,180 |
* 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.