Your new apartment home awaits you in Meadowwood At Gateway, a serene, pet-friendly community in East New York, Brooklyn. If you have been searching for a contemporary condo to be your next home, look no further than this immaculate condo with designer touches. Open the door to an open floor plan living room and dining room combo, new flooring throughout, crown molding and a new designer kitchen. Adjacent to the living room is your private screened-in balcony. It offers you a comfy place to unwind and feel the evening breezes after a busy day. This 66 SF balcony is large enough for relaxing, dining and entertaining. Your kitchen features tall kitchen cabinetry for maximum storage space, a beautiful glass tile backsplash, quartz countertops, stainless steel appliances, a stainless-steel apron sink, pull-down faucet and a tall pantry. Soft-closing drawers and doors. For lighting you'll appreciate the new recessed ceiling lights and the under-cabinet lighting. The attached dining counter is great for breakfast and the living room has space for its own dining table. Start your day in the bright updated bathroom with new flooring, vanity and lighting. The spacious bedroom features unique mood lighting and a French door closet. Just one floor below at lobby level is the laundry room for your convenience. Other benefits are the low monthly common charges and no rental restrictions. Need to shop or dine out? The Gateway Center mall with supermarkets (ShopRite, Aldi), restaurants and retail stores are minutes away by car or bus. For your commute there is bus transportation to take you downtown or to the subway stations nearby. Express bus to the city is nearby. This is a comfortable home in which to enjoy quiet living and to welcome and entertain your family and friends. Note: not approved for FHA and VA loans. Act fast, it won't last!, Additional information: Interior Features: Lr/Dr
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William Raveis Real Estate
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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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,686 | $1,665 | $2,159 |
Total Monthly Payment | $1,939 | $1,918 | $2,412 |
* 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.