Amazing 1073 Sqft. Office Condo for your new workspaces or investment opportunity, currently with a long-term stable tenant since 2018 (6 years). The Association’s Reserve Account is well funded. With balance as of July 2024 well over required to operate and maintain more than ample reserves. There are a total of 45 units in the Association, With no pending litigation, outstanding, or anticipated special assessments plus all units are current. See all pictures of this unit which features a bright and open plan, front reception area, updated floors, bathroom, offices, meeting rooms, and kitchen area. With plenty of parking to serve your staff, team, and clients. Truly, a must-see and have. Drive by ONLY please do not engage or contact the tenants. Call or Text for showing and contracting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$505,451
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $404,361 | $404,361 | $404,361 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,690 | $2,688 | $3,467 |
Total Monthly Payment | $2,782 | $2,780 | $3,559 |
* 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.