Welcome home to this very desirable second floor unit in the Farrell Park Condo community. This gated complex offers maintenance free living at its very best. From the impressive and inviting entrance to the park-like setting with an incredible central location, coupled with the fantastic community amenities, you won't want to delay in seeing this affordable second floor unit, conveniently located close to the elevator. From the moment you step inside you will feel that light and airy flare of this condo from the neutral color tones throughout coupled with the very spacious layout, including a bonus sunroom off the living area, perfect for a home office or reading area. The generously sized kitchen offers white appliances, a pantry and a sizable pass through to the dining area. The gleaming wood look flooring runs throughout the remainder of the unit. The desirable split floor layout offers a nice sense of privacy. The primary bedroom easily accommodates a king size bedroom suite and the private bathroom offers a step in, full size shower and an oversized walk in closet. The in-unit washer and dryer is another great amenity!
The monthly HOA fee includes, water, trash, basic cable, heated pool, escrow reserves, complete grounds maintenance, Clubhouse, recreational facilities and security gate. The larger Ridgemoor community offers basketball and tennis courts as well as a delightful picnic area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $254 | $254 | $254 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,051 | $1,063 | $1,349 |
Total Monthly Payment | $1,380 | $1,392 | $1,678 |
* 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.