Welcome to the most exquisite studio apartment that you will ever see. Unit 62 was purchased by the current owner in 2021 and was extensively renovated with great attention to workmanship and quality. The result is a sundrenched apartment with six new large windows on the top floor of the Tudor Arms. In addition to an all-new kitchen and bathroom, all of the window glass, screens and balance are new and all of the white oak wood flooring is new. A high point of the design is the Murphy bed that is tucked away during the day and folded down for slumber. This allows for a spacious flexible living area. Attached to this listing is an 'Improvement List' that spells out in detail the specifics including that amazing kitchen has a Sub Zero refrigerator. This is a delightful apartment. See the City of Yonkers website info on the Garrett Park Area Permit. There is a fitness center in the building that is available to shareholders at the rate of $25 per month. Elevator Building.
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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 | $159,200 | $159,200 | $159,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,059 | $1,058 | $1,343 |
Total Monthly Payment | $1,134 | $1,133 | $1,418 |
* 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.