Luxury Apartment 2 bedrooms 2 full baths on 3rd floor, 776 sqft with balcony, built in 2022; large floor-to-ceiling windows; split unit AC for all rooms; top-line stainless steel appliances and in-unit washer & dryer, Samsung smart locks. The building has a 24-hour surveillance system. An effective equipment gym room; bike room; and a large storage room with No extra charge. Property tax abatement pending approval. One indoor parking space for an extra $50, 000. School district 25, next to PS255(K-12) IS250 and Q252 The Queens School of Inquiry. 20 minutes walk to St. John's University. ? Public transportation is convenient with Q25, Q20A, Q65, and Q46 commutes to E, F, J, LIRR & 7 trains, and the QM5, QM6 express buses directly to Manhattan.
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Our Executive Mortgage Banker:
Our Insurance Division:
$668,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $534,400 | $534,400 | $534,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $278 | $278 | $278 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,552 | $4,507 |
Total Monthly Payment | $4,016 | $3,922 | $4,877 |
* 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.