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THE UNIT: Get max value at a great price. Welcome to #2C! This nicely-sized unit boasts an ideal floor plan w/ a most functional layout, natural flow and windows in every room. Step inside to an entry hall w/ closet that creates separation and privacy b/t the building hallway and the apartment’s main living area. Look beyond to a grand entry foyer and/or formal dining area and/or ultimate flex space w/ a closet of its own – make it what you wish! ! A large living room offers plenty of extra square footage for a secondary area of use. A renovated, windowed eat-in-kitchen w/ plenty of countertop space and cabinetry, stainless steel appliances and dishwasher is a pleasure to cook in. A clean, windowed bathroom w/ shower/tub combo. A corner bedroom w/ dual window exposures and closet is king-sized and can also accommodate a secondary use. Other notable unit highlights include gorgeous hardwood floors, smooth walls, crown moldings, an additional hall closet and much more… A MUST SEE. BUILDING/LOCATION: The River Gardens is a pet/dog-friendly and financially sound co-op that consists of 4 beautifully landscaped, mid-rise buildings centrally located in Forest Hills near absolutely all. Indoor parking garage at only $125/month w/ waitlist. Full-time Super w/ full staff. Additional storage options. On-site laundry room. Updated lobby and well-maintained interior/exterior grounds. Centrally and conveniently located just steps from the M & R trains, express bus to Manhattan, public parks, commerce and more. Short walking distance to Austin Street, Station Square, FH Gardens, the WSTC and LIRR. Near all major highways and airports. A commuter’s dream! OTHER: Max DTI = 28%. Min down = 20%. NO FLIP TAX. Dogs allowed up to 35 pounds w/ board approval. Maintenance includes taxes and all utilities except for electric. Sublets allowed after 2 years w/ Board approval. Board app, interview & approval apply.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.000% | 7.017% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,243 | $1,309 | $1,668 |
Total Monthly Payment | $1,318 | $1,384 | $1,743 |
* 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.