Welcome to your new haven at 3311 Giles Place in the heart of Kingsbridge Heights, Bronx! This stunning 700 square foot, 1-bedroom coop apartment on the 4th floor boasts impeccable wood floors and a modern kitchen, complete with the latest stainless-steel appliances. Each day, sunlight pours into this spacious abode, highlighting the expansive bedroom featuring 2 generous closets. The vast living/dining area is perfect for both relaxation and entertaining. Nestled on a serene, tree-lined street, this home offers convenience at your fingertips. Revel in the proximity to an array of public transportation, diverse dining options, charming cafes, boutique shops, and vibrant entertainment venues. Plus, with Citi Bike accessible right outside your door, exploring the neighborhood has never been easier. This apartment caters to your lifestyle needs with an on-site laundry facility. Please note, coop board approval is required, including a minimum credit score of 700, a solid two-year employment history, and an income requirement of 40x the rent. Don't miss out on the opportunity to make 3311 Giles Place your new city sanctuary!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,825
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 | $1,460 | $1,460 | $1,460 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $9 | $12 |
Total Monthly Payment | $84 | $84 | $87 |
* 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.