Welcome to your new home at 5614 Netherland Ave, where urban living meets comfort in this inviting co-op. This one-bedroom, one-bathroom residence offers a perfect blend of comfort and functionality, ideal for those seeking a cozy yet spacious home. The property boasts a total of three rooms, with plenty of closets providing ample space for storage, relaxation and entertainment. As you step inside, you'll be greeted by a spacious living area that seamlessly connects to an inviting eat-in kitchen. The kitchen is equipped with stainless steel appliances and a window that bathes the space in natural light. The bedroom is a tranquil retreat, offering a peaceful space to unwind. For those with vehicles, the property offers the luxury of garage parking. The building is equipped with an elevator, ensuring easy access to your home, and a voice intercom system for added security and peace of mind. For added convenience the building offers laundry facilities. Situated in the North Riverdale neighborhood, this co-op provides a perfect balance of urban convenience and residential tranquility. Whether you're enjoying the comfort of your home or exploring the lively surroundings, you'll find everything you need within reach such as restaurants, grocery stores, etc. Major transportation such as express buses and Riverdale Train Station nearby. Monthly charges as follows: maintenance $933. 78, Electric charge $50 and Loan Assessment $40. 60 Don't miss the opportunity to own this charming co-op at 5614 Netherland Ave. Schedule a viewing today and discover the perfect place to call home.
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Our Executive Mortgage Banker:
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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 | $136,000 | $136,000 | $136,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $905 | $904 | $1,147 |
Total Monthly Payment | $980 | $979 | $1,222 |
* 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.