Beautiful and sun drenched true 2 bedroom pre-war coop in prime location of Forest Hills, Queens. Unit features a large entry foyer, sunken living room with southern exposure, dining area, upgraded kitchen with granite countertops & stainless steel appliances, upgraded bathroom, one full size bedroom, one king size bedroom, hardwood floors, and low maintenance. Unit is turnkey so you can move right in. The Alden Raleigh is a well run pre-war co-op with features that include on-site laundry, new elevators, live-in super, and much more. Building is zoned for PS 196 which makes this even more of a unique find. In terms of location, it doesn't get much better than this. Living here you will be just 1 block from Queens Blvd, 3 blocks from bustling Austin St, 3 blocks from zoned elementary school (PS 196), 3 blocks from Regal Midway Theater, 5 blocks from Forest Hills transit hub (E. F, M, R), and 6 blocks from Forest Hills LIRR station. Also near the popular Forest Hills Stadium. Living in Forest Hills means that you will be in the center of Queens which provides you with easy access to Laguardia Airport, JFK Airport, Flushing Meadows Corona Park, Long Island, Brooklyn, Manhattan, etc. Everything you need in an apartment, with the convenience of being in one of the most highly sought after neighborhoods in New York City!
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Our Executive Mortgage Banker:
Our Insurance Division:
$536,000
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 | $428,800 | $428,800 | $428,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,853 | $2,817 | $3,616 |
Total Monthly Payment | $2,945 | $2,909 | $3,708 |
* 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.