For a limited time, Sponsor paid buy-down of 1% on buyer's mortgage rate for the life of the loan. Offer ends December 31, 2024. Residence 3C at Calvert Villas is a spacious three-bedroom, two-bathroom home with a private terrace, located on a sunlit corner facing south and east in historic Prospect Lefferts Gardens, Brooklyn. SHOWING SOLELY BY APPOINTMENT SCHEDULED IN ADVANCE. The Villas qualifies for the Co-op/Condo Tax Abatement, and for eligible buyers, a 5. 625% rate available.
The impressive Living and Dining Room measures 18'3 x 12'10, with views over tree-lined Fenimore Street, and is complemented by 7. 5" white oak flooring throughout. The kitchen, perfect for entertaining, boasts custom walnut cabinetry, honed Calacatta Quartz countertops, and high-end appliances, including a walnut paneled Fisher and Paykel refrigerator and dishwasher, a Bertazzoni electric cooktop and convection wall oven, and a Bosch microwave drawer, along with a brushed gold Akon pot filler, a refined statement.
The king size Primary Suite on the home's southeast corner measures 15'7 x 10', featuring windows on two sides and a spacious walk-in closet. Its en-suite bath showcases 36" x 36" Terrazzo-finish porcelain, a custom Lucena Bath vanity in oak, a glass enclosed Artos rain shower plus hand shower, and a wall-mounted tankless toilet. Two additional bedrooms share a hall bath with textured medium grey porcelain, a walnut vanity, and a Perlato Venezia soaking tub. There is an LG full-size stacked washer and dryer.
Residents of the Calvert Collection enjoy amenities such as a stylish lobby lounge, sunlit gym, playroom, landscaped courtyard, panoramic rooftop deck with an outdoor kitchen, and the great room, featuring work-from-home pods, meeting rooms, and a demonstration kitchen, all for daily use or reservable for special occasions. PETS ARE ALLOWED.
Designed by Palette Architecture and developed by Kingsdel Real Estate, it features generous room sizes, large windows, and a well-planned layout that intuitively separates living and bedroom areas.
A new private school is located at the base of the building, making Calvert Villas a vibrant addition to Prospect Lefferts Gardens.
PLEASE NOTE PURCHASERS SHOULD REFER TO THE OFFERING PLAN FOR FURTHER DETAIL. THIS IS NOT AN OFFERING. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR 447 FENIMORE 2022 LLC. FILE NO. CD24-0155. SPONSOR ADDRESS: 625 NEW YORK AVENUE, BROOKLYN, NEW YORK 11225. THE CORCORAN GROUP IS A LICENSED REAL ESTATE BROKER. INFORMATION CONTAINED HEREIN IS OBTAINED FROM SOURCES DEEMED RELIABLE. EQUAL HOUSING OPPORTUNITY.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $984,000 | $984,000 | $984,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,821 | $6,301 | $8,370 |
Total Monthly Payment | $5,946 | $6,426 | $8,495 |
* 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.