Welcome to this excellent and rare apartment, with an indoor area of more than 900 square feet. This auspicious apartment is on the third floor of a high-terrain building in the Terrace community. It has 2 bedrooms, 1 living room, 1 kitchen, and 1 full bedroom. The kitchen also has a dining area. This apartment has east-west ventilation and has wooden floors. It has a private parking space, 626, no fee. The maintenance fee includes property tax, cooking gas, heating, hot and cold water, garbage disposal, snow removal, etc. There are Great Neck South School and North School to choose from. There are school buses in the Terrace community to pick up students. Security guards are patrolling the community day and night, and living is safe. The Terrace community has a children's playground, basketball court, large professional swimming pool (popular in summer and guarded by lifeguards), community clubs, BBQ etc. for residences. The community has convenient transportation, and it takes only a few minutes to get to transportation stations such as LIRR and Q12 n20G, Q12, and QM3. It takes only about twenty minutes to get to Flushing by LIRR. Supermarkets and various restaurants such as H Mark, Starbucks, McDonald's, steak houses, and printing shops are convenient for life. Interior details photos are coming soon. Must see!
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Our Executive Mortgage Banker:
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$412,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $329,600 | $329,600 | $329,600 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,276 | $2,221 | $2,804 |
Total Monthly Payment | $2,351 | $2,296 | $2,879 |
* 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.