This four-room apartment at Linden Court has large windows facing both east and west for sunlight all day long. Located on the raised first floor, the living room is open to the dining room, with both rooms spanning the full depth of the apartment. The renovated kitchen, adjacent to the dining room, has its own closet and large window. The bedroom and bath are located just beyond the dining room. In addition to the bedroom closet there are two pairs of closets at both the entry and the hall between the bedroom and bathroom. Wonderful prewar details remain, including oak strip floors, 9’ ceilings, and moldings. This is a walkup building. Linden Court was designed by Andrew J. Thomas, and opened as the first cooperative in Jackson Heights in 1919. Its ten buildings are all separate coops, but share a lovely interior garden that runs the length of the block. Each building is fully detached, allowing access to the garages in the rear (there is a waiting list for parking spots). This building has been well maintained and has a reasonable monthly maintenance. 20% down and board approval are required. Subletting is not allowed, nor are dogs. Laundry facilities and a free storage bin are both in the basement. Located in the Jackson Heights Historic District, Linden Court is close to shopping, restaurants and transportation.
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William Raveis Mortgage, LLC
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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 | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,572 |
Total Monthly Payment | $2,071 | $2,069 | $2,647 |
* 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.