Please note: Living room shown is similar in style and size to the actual unit. Introducing 221 McDonald Your Gateway to the Serene Heart of Windsor Terrace Nestled within the picturesque Windsor Terrace, 221 McDonald stands as an impeccably maintained co-op building, exclusively occupied by its proud owners. Here, youll find yourself embraced by lush, manicured lawns, creating an oasis in the heart of this charming neighborhood. Step into this expansive 1-bedroom, 1-bathroom apartment and discover a unique opportunity to reside in a meticulously maintained elevator building. This vibrant community offers an array of exceptional amenities, making every day a delightful experience. Spanning just over 800 square feet on the fifth floor, this spacious home boasts gleaming hardwood floors, lofty 8-foot ceilings, and abundant closet space. The oversized living room provides ample room for both relaxation and entertainment, while the well-conceived kitchen-to-dining area passthrough ensures seamless hosting. Sunlight bathes the bedroom with southern exposure, creating a naturally lit atmosphere. Residents here can revel in an array of on-site amenities, including a private courtyard for tranquility, a bike room for your wheels, a recreation room for leisure, storage for your belongings, and convenient laundry facilities. A dedicated live-in superintendent ensures prompt assistance when needed. For those with vehicles, parking options are available for a fee, subject to availability. Maintenance at 221 McDonald covers a comprehensive range, encompassing gas, electricity, heat, hot water, real estate taxes, cable, and internet, simplifying your living experience. Please note, while we adore our feline friends, this building is not pet-friendly to dogs. Windsor Terrace itself is a cherished enclave within Brooklyn, nestled between the leafy expanse of Prospect Park and the historic Green-Wood Cemetery. The neighborhood offers a rich tapestry of local delights, including Brancaccios Food Shop, Steeplechase Coffee, Jaya Yoga, and a diverse array of dining options all just around the corner from your new home. Plus, the F/G trains are conveniently located just a short five-minute stroll from your front door, ensuring effortless access to the wider city.
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Our Executive Mortgage Banker:
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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 | $468,000 | $468,000 | $468,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,844 | $2,844 | $3,698 |
Total Monthly Payment | $2,936 | $2,936 | $3,790 |
* 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.