Like Sponsor Unit, Co-op like condo!! Renovated 2017. Investors welcome. Discover a rare opportunity in Great Neck Plaza. Pet Friendly, RENTABLE, Corner Unit, meticulously renovated Co-op designed akin to sponsor unit with exceptional appeal for both BUYERS and INVESTORS. This Sunlit corner unit, with high ceiling, ideally situated on the almost 4 steps up in first floor, features a spacious 2 bedrooms layout and full bathroom with tub. Enjoy renovated Kitchen with stainless steel appliances, including dishwasher and microwave marble counter top and natural light. Additional conveniences include almost 1/2 block away nearby municipal parking with $40 monthly each car. Plus plenty of parking in front. On-site laundry facilities, and bicycle room within the building. Located on a tranquil, tree-lined street in a picturesque residential area, this pre-war building boasts stained floors and modern finishes. Residents benefit from easy access to LIRR, transit options, dining, and shopping, as well as the esteemed Great Neck South or North Schools. Maintenance fees cover taxes, heat, hot water, water, and lawn care, snow removal, ensuring a hassle-free lifestyle. Explore the rich amenities of Great Neck, from pools and tennis courts to waterfront parks and summer programs with Brodway shows in parks, all within reach. This property presents a unique blend of charm, convenience, and investment potential in one of Long Island's most coveted neighborhoods.
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:
$468,000
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 | $374,400 | $374,400 | $374,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,491 | $2,488 | $3,210 |
Total Monthly Payment | $2,566 | $2,563 | $3,285 |
* 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.