NEW DEVELOPMENT. ***If contracts are signed by the end of the year, the sponsor will pay for New York City and State transfer taxes. *** Welcome to this one-bedroom residence at La Mariposa, a contemporary retreat nestled in the lively heart of Washington Heights. This newly developed gem invites you in with its open-concept living area, awash in natural light from expansive windows and sleek 5-inch white oak flooring. Custom lighting casts a warm glow across the space, while a ductless mini-split air conditioning system ensures year-round comfort. The queen-sized bedroom is a serene escape from city living. The kitchen, a perfect blend of style and functionality, features custom American-made cabinetry with soft-closing doors, elegant MSI Carrara Tuscany Quartz countertops, and top-of-the-line appliances including a Blomberg dishwasher, XO wine fridge, and Bosch electric stovetop with a convection oven and microwave. Delta fixtures add a touch of modern sophistication. In the bathroom, heated floors and a deep soaking tub offer a luxurious experience, complemented by a sleek glass shower door and a custom floating vanity with additional storage. An in-unit washer and dryer enhance everyday convenience, making this home a harmonious blend of style and practicality. Experience the modern comfort of La Mariposa and discover a place that truly feels like home. Contact us today for a private showing and step into your future. The complete offering terms are in an offering plan available from Sponsor. File No. CD21-0044 Images are standard images of the development and may not reflect the actual advertised unit or property conditions. All dimensions are approximate and subject to normal construction variances and tolerances. Equal Housing Opportunity.
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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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $628 | $628 | $628 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,757 | $2,689 | $3,396 |
Total Monthly Payment | $3,460 | $3,392 | $4,099 |
* 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.