Welcome to your future home in one of Terrace Park's most coveted buildings! This spacious 1, 235 square foot condo boasts 2 bedrooms and 2 baths, offering ample space and comfort. As you step inside, you'll immediately notice the updated kitchen and bathroom vanities bring a modern touch to the space, ensuring both style and functionality. Enjoy the convenience of having your own laundry room, a practical feature that adds to the ease of everyday living. While some areas of the condo could benefit from a touch of personalization, it presents a fantastic opportunity for those with a vision to tailor it to their own tastes and preferences. Imagine crafting your ideal living space, tailored precisely to your needs and desires. One of the highlights of this condo is its balcony, providing a serene retreat with stunning views of the pond. Picture yourself enjoying your morning coffee or unwinding after a long day, all while taking in the tranquil surroundings. Additionally, residing in this 55+ community grants access to an array of amenities designed to enhance your lifestyle. Stay active and fit with the fitness center and tennis courts, or take a refreshing dip in one of the multiple pools scattered throughout the complex. Don't miss out on the opportunity to call this condo home and experience the best that Terrace Park has to offer. Schedule a viewing today and start envisioning your future in this vibrant community. Owner Financing available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$270,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $216,000 | $216,000 | $216,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $95 | $95 | $95 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,455 | $1,419 | $1,822 |
Total Monthly Payment | $1,625 | $1,589 | $1,992 |
* 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.