The timeless 'Lafayette' cooperative seamlessly blends prime location, generous living spaces, a diverse array of amenities, commuter-friendly accessibility & pet-friendly environment making it a convenient, comfortable place to call home in Forest Hills. Prewar charm featuring high ceilings, archways & oak hardwood floors add character & elegance to this split 2 Bedroom unit with abundant closets & Southwest exposure. Eat-in-Kitchen with Window. Large Bath with soaking tub, shower & window. Maintenance $1, 481. 53 INCLUDES **NEW ELEVATORS*** , Cooking GAS, heat, hot/cold water & care of common areas. Ideal for commuting, it's near Forest Hills 71st Ave Express E, F, & M, R Trains, Express Bus QM4 to Manhattan & LIRR 20+ minutes to Penn or Grand Central Stations. Diagonally across from New TRADER JOE'S, close to shopping, dining & entertainment options. The Lafayette has 127 units, helpful Doormen 7: 00 am to midnight, surveillance system, on-site porter, live-in Super, fitness center ($25 mo. ), NEW elevator, upgraded laundry room, bike storage for 2 bikes ($25 each yearly), garage parking ($215 mo). Basement/Storage Unit on Site. Maximum financing 70% - Minimum financing 25%. NO Current Assessments & NO Flip Tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
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 | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,199 | $2,197 | $2,812 |
* 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.