Welcome to this charming pre-war two-bedroom, two-bathroom residence that boasts delightful architectural details and spacious 9-foot ceilings. The updated kitchen features elegant granite countertops and an open pass-through layout, making it ideal for both cooking and entertaining. The generously sized bedrooms can comfortably accommodate king-size beds. Forest Hills South is a community consisting of seven buildings set in a picturesque park-like environment with fountains and exclusive community events. Residents enjoy a variety of amenities, including a newly updated gym, a children's playroom, doormen services, bicycle and storage facilities, indoor garage parking, a community room, and a reading lounge. This residence is perfectly situated just one block away from the E/F express trains, local buses, express buses to Manhattan, multiple highways, the Long Island Rail Road (LIRR), and the vibrant Austin Street, which offers a plethora of shops, dining options, and entertainment. Additionally, Forest Park is within walking distance. The property is zoned for the top-rated PS 196 school district. Apt needs TLC
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$489,000
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 | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,603 | $2,600 | $3,299 |
Total Monthly Payment | $2,678 | $2,675 | $3,374 |
* 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.