Welcome home to Apt #2 at 37-11 84th Street at Linden Court in prime Jackson Heights. This turnkey thoughtfully updated legal "junior-4" apartment is currently set up and used as a two-bedroom residence with open living/dining, separate newly renovated windowed kitchen and updated full tiled bathroom, two large bedrooms, hardwood floors throughout, high ceilings and has retained all the historical architectural details one wants to find in a classic prewar home. The apartment is located just one flight up from the street, has one neighbor sharing the floor, boasts two exposures - southwest and northeast so lovely even light all day, and looks out over the interior private garden, reserved solely for residents. A storage unit is assigned to each residence included in the maintenance. THIS RESIDENCE IS ELIGIBLE FOR A 5. 875% INTEREST RATE.
As you enter the home step into a small foyer with coat closet, bedroom one and full bathroom immediately to the left, and the living/dining and kitchen as you continue into the apartment. The second king size primary bedroom is through a set of French doors from the living/dining room and is awash in light facing SW. The full bathroom features clean white subway tiled walls, mosaic marble tiled floors, a glass-enclosed shower with window and extra wide vanity. The kitchen has been beautifully updated with all new stainless appliances including French door refrigerator, gas range, microwave hood and deep stainless sink.
This Linden Court Co-op building is located on a lovely quiet tree-lined street just half a block in either direction from a wealth of the culinary delights that the neighborhood has to offer, and is just two blocks to the 7 train station so an easy and quick 25-minute commute straight into midtown Manhattan. The co-op features on-site laundry; there is parking available but waitlisted at this time. Subletting is not permitted. Pets are allowed with approval by the building. 80% max financing.
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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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,097 | $2,122 | $2,692 |
Total Monthly Payment | $2,172 | $2,197 | $2,767 |
* 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.