DRASTICALLY REDUCED PRICE! $525, 000 | CENTRAL HARLEM | 2 BEDROOM | 2 FULL BATH | PRIVATE BALCONY | ALL REASONABLE OFFERS WILL BE CONSIDERED! HDFC MAXIMUM INCOME CAP APPLIES - $388, 250 90% FINANCING QUALIFIES FOR CHASE DREAMAKER LOAN PROGRAM Unit 9H is a top floor, extra large, two bedroom, two full bath apartment with a 12' x 5' private balcony off the primary bedroom, and a Juliet planting balcony off the living room. Impressive open northern, western, and southern, city and Marcus Garvey park views from all rooms. Abundant sunlight floods the apartment year round. Open kitchen includes dishwasher, gas range, and breakfast bar. Primary bedroom has a renovated ensuite bath. Oak hardwood floors throughout. New through-wall AC units in living room and both bedrooms. Plenty of storage with 5 closets. Madison Plaza is a non-smoking, full service building with 24 hour doorman/concierge, live-in super, small gym (24 hour access), and large laundry room in the building. Common room for entertaining and large courtyard with gardens, trees, and a BBQ area. Bike storage available. Short distance from 2, 3, 4, 5, 6 trains and Metro North, bus lines M116, M102 and M1 stops at the building and close to M60 to LaGuardia Airport. Located 1 block from Marcus Garvey Park, and 8 short blocks from Central Park. Walking distance to 125th Street shopping (Whole Food, Bed Bath, Marshalls, Burlington, H&M) and 116th Street Mall (Target, Costco, Old Navy, Marshalls, ALDI, Pet Smart). Blink Fitness, supermarket, CVS, and dry cleaning within 3 blocks. Pets are welcome. Woof Woof, Meow Meow Maximum household income of $388, 250 421a Tax Abatement through 2029
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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.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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,757 | $2,689 | $3,396 |
Total Monthly Payment | $2,832 | $2,764 | $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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.