Welcome to your dream condo nestled within The Gates community in New Hyde Park, zoned for Herricks School District. This meticulously crafted residence offers a harmonious blend of comfort, luxury, and convenience. Upon entry, you're greeted by an inviting open foyer that sets the tone for the spaciousness and elegance that awaits. The expansive living room provides an ideal space for relaxation and entertainment, boasting ample natural light and a serene ambiance. The heart of the home, the kitchen, beckons both culinary enthusiasts and casual diners alike. Adorned with modern appliances, sleek countertops, and ample storage, it's a haven for culinary creativity and social gatherings. Retreat to the indulgent primary bedroom, where luxury meets functionality. Here, you'll find not one, not two, but three walk-in closets, ensuring ample storage for your wardrobe and belongings. The ensuite bathroom offers a private sanctuary. Venture downstairs to discover the full finished basement, a versatile space offering endless possibilities. Two additional bedrooms and a well-appointed bathroom provide comfortable accommodations. Step outside to your own private oasis - a backyard retreat complete with a deck, perfect for alfresco dining, entertaining guests, or simply basking in the tranquility of nature. Nestled within a cul de sac, The Gates community offers an exclusive retreat from the hustle and bustle of city life. Residents enjoy access to premium amenities, including a community pool and tennis court, providing opportunities for recreation and leisure right at your doorstep. With its prime location, luxurious features, and access to plenty, this condo within The Gates offers a rare opportunity to experience the epitome of upscale suburban living. Welcome home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$988,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $790,400 | $790,400 | $790,400 |
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 | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $1,356 | $1,356 | $1,356 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,426 | $4,803 | $6,511 |
Total Monthly Payment | $5,874 | $6,251 | $7,959 |
* 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.