Welcome to The Eastwood, Howard Beach's premiere cooperative living high-rise. This one bedroom one bath unit can easily be converted into a junior 4 by turning the formal dining area into a second, smaller bedroom. With ample sized rooms, tons of closet space (including doubles and a walk-in), plus hardwood flooring, the new owner can renovate the kitchen and bathroom to truly elevate this unit into a gorgeous and modern space. Eastwood residents enjoy exclusive access to unmatched amenities such as a private gym, private gated playground, social occasion room, bicycle room with bicycle maintenance equipment, shared library, general storage unit facility, holiday storage facility, two laundry rooms, two parking lots, and an indoor garage. Feel safe and secure with the ButterflyMX intercom system which works with both smart phones, and land lines. Additionally, via Spectrum, there is a live camera feed to view the lobby vestibule area. 2022 boiler system replacement throughout the cooperative. Say goodbye to snow removal and landscaping as the Eastwood staff is on call for maintenance 24/7. Take part in optional composting or electronics and clothes recycling programs, and learn about everything else this co-op has to offer in their quarterly gazette publication delivered right to your door. Base maintenance: $846. 78 includes Gas, Electricity & general maintenance; Additionally, | $21. 00 per AC unit (optional) | $96. 53 current assessment. Bulk package Internet & Cable optional add on as well as parking, gym, and various storage options. Fee list for additional optional services, gorgeous recreation room rental, and amenities, available on request. Please inquire about floor covering rules in the unit. With some updating, this apartment can be incredible. Welcome yourself home to Eastwood living!
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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 | $156,000 | $156,000 | $156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,037 | $1,327 |
Total Monthly Payment | $1,139 | $1,112 | $1,402 |
* 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.