Extra-large one bedroom unit with expansive layout and 1. 5 baths. This amazing home has generous closets throughout, including a huge walk-in closet. Pass-through, renovated kitchen with modern, cherry wood cabinetry, marble counter top and stainless steel appliances includes dishwasher and microwave. Wood floors throughout. Huge living room provides for Formal Dining or Home Office with plenty of space for your living quarters. Large bedroom comfortably accommodates a king size bedroom set. Apartment is approximately 1100Sqft and is located on the first floor.
25 Sutton Place South (Cannon Point North) is an established cooperative, built in 1959. It features full service, 24hr doorman and concierge services with private, landscaped terrace, overlooking East River. Building amenities also include: discounted on-site parking garage, state of the art fitness center for a fee ($400/year), children's playroom, 2 laundry rooms, bike & storage rooms. This 20 story, 320 unit coop is located on East 56th Street & Sutton Place. Maintenance includes all utilities (electric, gas and internet). Full cable TV package is only $71 and is billed with your monthly maintenance. Dogs and in-unit washer/dryer are not permitted. Pied-a-terre's are welcomed. Seller is covering the current assessment in full. Buyer pays 2% flip tax.
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$749,000
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 | $599,200 | $599,200 | $599,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,138 |
Total Monthly Payment | $4,078 | $4,074 | $5,230 |
* 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.