Sponsor unit, no board approval.
Located on a beautiful tree-lined block filled with quintessential townhouses, this charming and incredibly quiet studio apartment is a great option for investors as it can be rented out immediately! Situated at 102 West 80th Street, this video intercom prewar cooperative building is nestled in the heart of the Upper West Side, just a stone's throw away from Central Park. This lovely studio provides space for a seating area, dining table, and sleeping quarters. With a large closet and extra shelving.
102 West 80th Street is a flexible pre-war cooperative located on a charming tree-lined street between Columbus and Amsterdam Avenues. The building boasts an elevator and laundry facilities, and is pet-friendly. Positioned across from the Museum of Natural History and just steps away from Central Park, the B, C, and 1 trains, as well as the M79/M7/M11 bus lines, this building is surrounded by fantastic restaurants and boutique shops.
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Our Executive Mortgage Banker:
Our Insurance Division:
$390,000
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 | $312,000 | $312,000 | $312,000 |
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 | $2,076 | $2,074 | $2,675 |
Total Monthly Payment | $2,151 | $2,149 | $2,750 |
* 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.