Developer's reserved unit , located in the heart of Rego Park. Gorgeous corner unit with with dual large terrace and amazing Manhattan skyline view. 2-bedroom, 2-bathroom apartment with an open kitchen. One of the bedrooms is an en-suite with a private bathroom. Features hardwood floors, granite countertops, gas heating and a split A/C system. Open layout with large windows allows for abundant natural light and spaciousness. The unit is well-maintained with modern decor and comprehensive amenities, including an in-unit washer and dryer. 9 years taxes abatement left with low common charge. Conveniently located just a 2-minute walk to M and R subway stations, and a 25-minute commute to downtown. Surrounded by supermarkets, restaurants, and bakeries, the area offers strong living amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$788,800
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 | $631,040 | $631,040 | $631,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $3 | $3 | $3 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,198 | $4,194 | $5,411 |
Total Monthly Payment | $4,293 | $4,289 | $5,506 |
* 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.