VACANT 2 BEDROOM CONDOMINIUM FOR SALE Located on the OVAL within the Parkchester South Condominium Residential Community. This unit features a fully renovated kitchen with all new stainless steel appliances, spacious living room, 2 generously sized bedrooms, 1 full bathroom, plenty of closet space and hardwood flooring throughout. The Monthly HOA fees are $1, 100 which includes cooking gas, water, heat, building maintenance and 24/7 public safety surveillance. This property is conveniently located within a short distance to the #6 train (Parkchester Station), local buses, Manhattan Express bus service, schools, playgrounds, restaurants, grocery stores, retail stores, post office and so much more! Metro-North plans for new rail service into Penn Station expected to arrive in 2027. Now is the time to buy and watch your property value increase. Call now for this great investment opportunity. ******A/O 11/30/24*****
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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.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 | $271,200 | $271,200 | $271,200 |
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 | $63 | $63 | $63 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,827 | $1,802 | $2,287 |
Total Monthly Payment | $1,965 | $1,940 | $2,425 |
* 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.