For a limited time, Seller paid 1% rate buy-down. Save $500/month life of the loan. Plus low low monthlies. Welcome home to 68 Woodruff Avenue, Residence 1B. Located just 1 block from Prospect Park on this lovely bucolic treelined street in Prospect Park South in a fully renovated historic limestone row house, is this treasure of a condominium. A unique opportunity to own a 1419 SF home, a legal 1BR, 1. 5BA duplex currently set up and easily used as two primary bedroom suites, one boasting private chambers on the lower level, with 1/2 bath, sitting room and large luxurious sleeping area. Ideal for total privacy on your own level, while having your guests or other residents use the 2nd massive primary bedroom on the main level, featuring huge walk-in closet and full tiled bath.
To enter the residence, open the gate to your garden on the way through to a private entrance accessible directly from your lush patio, no lobby, no neighbors. You enter a great room for living, dining and cooking, the upper primary suite and full bath, with laundry closet, plus stairs to your lower suite. The kitchen features all modern stainless appliances including dishwasher, full size refrigerator, range and microwave, and has a custom island that's movable if more space is needed for entertaining.
The unit comes with private outdoors space on the side of the building where you can store garden equipment, bikes or anything else you'd rather not keep inside. The building is just two blocks to the express Q and B trains so an easy commute to the city when needed, and some of the best food found in Brooklyn nearby on Flatbush Avenue. The tennis club is 3 blocks away so ample opportunities to spend time outside whether practicing your serve or biking through the park nearby.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.746% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,709 | $5,031 | $6,717 |
Total Monthly Payment | $4,801 | $5,123 | $6,809 |
* 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.