Rego Park, a vibrant neighborhood in Queens, New York, it is known for its convenient location, and suburban feel. Co-op apartments in Rego Park offer a unique blend of urban and suburban living. These cooperative housing units provide residents with a sense of community and shared responsibility, as the building is collectively owned by its residents. Living in a Rego Park co-op comes with several advantages, including relatively lower purchase prices compared to condos, as well as tax deductions for mortgage interest and property taxes. The neighborhood itself is well-connected by public transportation, making commutes to Manhattan and other parts of Queens convenient. Rego Park boasts a variety of shopping options, including the Rego Center Mall and numerous local boutiques and restaurants, catering to a wide range of tastes and preferences. The area also features several parks and green spaces, providing residents with ample opportunities for outdoor activities. Overall, co-op living in Rego Park offers an appealing option for those seeking affordability, community, and convenience in a well-established New York City neighborhood. The Amazing Anita Terrace Complex. Lots of Windows. Plenty of Closet Space. Doorman, private playground, full gym and picnic area. unobstructed open views, one of a kind duplex, a must see!!!! Fire proof building also.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,723 | $2,653 | $3,396 |
Total Monthly Payment | $2,798 | $2,728 | $3,471 |
* 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.