Location is Very Excellent and Right in the Center of Elmhurst. Less than 2 (Two) Block Away from Grand Ave/Newtown MTA Subway Station. This Super Large Coop Unit is with Excellent Condition and it has the Total of 1, 100 sqft. It is 475 sqft for the Living Room, 335 sqft Large for the Master Bedroom, 1 (One) Small Dining Room with 195 sqft. with all the Windows in the Kitchen and Bathroom. MAINTENANCE IS INCLUDED ALL! Hardwood Floor and Many Windows Exposure to the West and North and Receiving Abundant Natural Sun Light. The Lowest Maintenance Cost Monthly with $898 per month with our Coop House - 85-14 B'way Owner Corp. There is about $5, 300 Tax Deduction (Coop Real Estate Tax & Coop Mortgage Interest) can be Filed with 85-14 B'way Corp for our Individual Shareholder Tax Filing annually. This Coop Location is closed to Center of Elmhurst with Public Transportation MTA Subway M & R Trains at Grand/Newtown Station And MTA Buses with Q69, Q58, & Q53 & MTA Express Buses to Manhattan. NEED TO SUBMITE PURCHASE APPLICATION, BOARD INTERVIEW, & BOARD APPROVAL. Must see!!!
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Our Executive Mortgage Banker:
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$365,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,943 | $1,941 | $2,462 |
Total Monthly Payment | $2,018 | $2,016 | $2,537 |
* 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.