Don't miss out on this 1 bedroom, 1 bath corner unit co-op with it's private entrance located in the heart of Douglaston. With hard wood floors throughout and lots of natural light, this unit is sure to impress. The bedroom is spacious enough and has plenty of closet space. You'll love the large living room and separate dining area. The "junior four layout" lends itself to a 2nd bedroom or home office. The kitchen features lots of cabinets and counter space, while the foyer has plenty of closets for storage. For those who value privacy, This unit does offer a Separate Private entrance. Parking is available through a waitlist with management, but there's also plenty of street parking available. This co-op is conveniently located less than a 5-minute distance to the Douglaston LIRR train Station, (the Port Washington branch) making it perfect for commuters or those working from home. It's also close to Alley Pond Golf Center, local parks, shopping, and eateries, so you can enjoy all the neighborhood has to offer. For this unit, the private entrance, no flip tax and this co-op allows subletting after 3 yrs this is an opportunity you don't want to miss.
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William Raveis Real Estate
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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 | $223,200 | $223,200 | $223,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,485 | $1,483 | $1,914 |
Total Monthly Payment | $1,560 | $1,558 | $1,989 |
* 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.