**A/O** Welcome to your cozy retreat at 705 Cherry Hill Dr! This charming ground-level condo offers one spacious bedroom and one bath, creating a warm and inviting space to call home. You'll love the hardwood floors that flow seamlessly throughout, providing a timeless elegance. The kitchen is a true delight, featuring beautiful maple cabinets and sleek silestone countertops—perfect for preparing meals or enjoying a quiet morning coffee. The living area boasts custom bookshelves, adding a stylish and functional touch, which is ideal for showcasing your favorite reads or decorative pieces. Step out from the living area onto your private patio, a perfect spot to unwind, sip your favorite drink, or enjoy fresh air. Storage is made easy with a convenient hall closet and a large closet in the bedroom, offering plenty of room to stay organized. Enjoy the convenience of off-street parking, and daily chores are hassle-free with an on-site laundry facility in Building 5. Plus, this location couldn't be better—just minutes away from shopping and a variety of restaurants. Whether you're an investor looking for a smart addition to your portfolio or an owner-occupant seeking a cozy home, this delightful condo is ready to welcome you! HOA includes exterior maintenance, snow removal, water, sewer, and garbage. Electricity and cable are not included in the HOA.
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $132,000 | $132,000 | $132,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $889 | $877 | $1,113 |
Total Monthly Payment | $1,198 | $1,186 | $1,422 |
* 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.