Fantastic 2 bedroom, 2 Bath on the 5th floor of 1 Bay Club Drive. Approximate 1200 square feet of fine condo, lifestyle living. The unit has been custom renovated with new hardwood floors throughout, custom Italian interior doors, large eat in kitchen with beautiful, granite countertops, and chestnut colored dark wood cabinets throughout for plenty of storage, high end, stainless steel appliances. Both bathrooms have been renovated with floor to ceiling tiles, high quality bathroom fixtures, glass showered doors. Private 60 square foot balcony with great views and sunrises. Many extra in this unit. The Condominium is featured in a full service 24 hour doorman, 21 Floor hi rise building and gated community. Amenities include health club, tennis court, in ground swimming pool, tennis courts, playground, valet- parking. Located Near All. Bay Terrace Shopping Center, major highways, NYC mass Transit buses. 10 Minute bus ride to the Bell Blvd LIRR Stop.
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Our Executive Mortgage Banker:
Our Insurance Division:
$867,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $693,600 | $693,600 | $693,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $435 | $435 | $435 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,884 | $4,214 | $5,713 |
Total Monthly Payment | $4,411 | $4,741 | $6,240 |
* 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.