Looking for a great investment property? 305 West 52nd Street, 2E is a FULLY RENOVATED 2-bedroom 1-bathroom turnkey condo. With a Cap Rate of just under 5%, this is the perfect investment opportunity!
As you step into this stunning sun-filled fully renovated corner apartment, southern and eastern exposures with open street views allow in abundant amounts of light throughout the day. Three large closets adorn the large entry foyer and provide ample space for all your storage needs. Off the foyer, brand new wood floors throughout the apartment lead to a renovated windowed kitchen with an additional dining area and features all new appliances, cabinets, and countertops.
The spacious living room is perfect for entertaining or relaxed daily living and features dimmable recessed lighting that gives modern appeal to the apartment's classic elegance. Set off from the living area by a hallway, both bedrooms can easily accommodate king sized beds and gives a sense of privacy from the rest of the apartment. The primary bedroom features both southern and eastern facing windows that flood the room with natural light. The windowed bathroom has also been fully renovated with all new fixtures including a beautiful new vanity, tub, toilet, and features floor to ceiling tiling along with a light up mirror and medicine cabinet.
305 West 52nd Street is a pet-friendly condominium building that features a doorman, laundry room, package room, owner's storage lockers, and an elevator. It is conveniently situated by countless restaurants, a Wholefoods, and is a close walk to Central Park, Columbus Circle, and the Theater District. Extensive transportation options such as the C, E, B, D, 1, N, R, and W subways are all just a short walk away.
Make this beautiful and spacious brand-new two-bedroom your new home or a great investment opportunity!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $864,000 | $864,000 | $864,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,906 | $5,390 | $7,233 |
Total Monthly Payment | $5,031 | $5,515 | $7,358 |
* 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.