PERFECT 1031 EXCHANGE PROPERTY - SOLD WITH TENANT IN PLACE FOR UP TO TWO YEARS
THE CALEDONIA CONDOMINIUM - Converted 2BR/2BTH w/ South & West Exposure
APARTMENT FEATURES - Great opportunity to live in this South & West Facing Converted 2BR/2BTH bathroom apartment at The Caledonia Condominium. Watch the sunset in this airy, sun-filled home which boasts an efficient layout w/ open kitchen with rich Bamboo cabinetry, Quartz Countertop, stainless steel appliances, Sub-Zero refrigerator/freezer, Viking gas cooktop and oven, Bosch dishwasher and a built-in Microwave. The elegant master suite is complemented with a sensual spa-like master bath appointed with dual vessel sinks, Jerusalem gold limestone floors and walls, custom vanity and millwork and spa shower with glass mosaic tile.
Images have been virtually staged
BUILDING FEATURES - The Caledonia is a premier high rise, full service condominium which includes 24-hour doorman and concierge, on-site resident manager, resident Equinox health and fitness center, children's playroom, a sun terrace equipped with BBQ areas, fully furnished and wired conference room, outdoor Zen garden, lobby lounge with signature 'library corner, ' pet spa and care services by Dog City, parking garage and valet parking, central laundry room, valet dry cleaning, and on-site tailor services. Situated right on the High Line, enjoying a prime location at the crossroads of Chelsea, the West Village, and the Meatpacking District. This home is convenient to virtually every neighborhood amenity you can think of. Transportation can be easily accessed via the 1 at 18th Street, and the A, C, E, and L at 14th Street and 8th Avenue.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,295,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,836,000 | $1,836,000 | $1,836,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,861 | $11,756 | $15,617 |
Total Monthly Payment | $10,986 | $11,881 | $15,742 |
* 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.