Wow, Here is the one you've been waiting for at a great price! Opportunity awaits you in No Reading's highly desirable 55+ community at Martin's Landing. This 2 bdrm top floor penthouse is a sun filled corner unit boasting an open flr plan w/a well planned design. This better than new unit feat well over $68K in upgrades incl a coveted garage space, 9 ft ceilings, extra hdwd flooring, upgraded counters w/marble backsplash, upgr cabinets in kitchen & both baths are just a few of the extras you'll enjoy in this home. Lge kitchen island w/seating, taller cabinets & upgr ss appliances complete this picture. This unit provides a flex room to be used for whatever you need. French drs added onto this room can give you the privacy you desire, currently used a a formal dinrm. Split bdrm design for added privacy feat lge prim ensuite w/bay window & spa-like bath. Relax on your pvt balcony & enjoy a more maint free lifestyle in this adult community w/clubhouse, fitness area, game tables & more.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Closet, Flooring - Wall to Wall Carpet | 10.0 x 10.2 | Fourth Floor |
Dining Room | Flooring - Hardwood, French Doors | 10.0 x 12.0 | Fourth Floor |
Kitchen | 12.0 x 15.5 | Fourth Floor | |
Living Room | Balcony - Exterior, Cable Hookup, Open Floorplan | 12.0 x 15.5 | Fourth Floor |
Master Bedroom | Bathroom - 3/4, Walk-In Closet(s), Closet | 15.0 x 12.0 | Fourth Floor |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $668 | $668 | $668 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,185 | $4,109 |
Total Monthly Payment | $4,029 | $3,945 | $4,869 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.