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Price reduced! Welcome to this bright and spacious one bedroom condominium apartment priced to sell! Located in the Sugar Hill National Historical District of Hamilton Heights. Upon entering you will be struck at once with the high ceilings, which have a positively dramatic effect on the living room space. The living room faces west with two windows permitting excellent light and views over the neighboring roof tops, including the flag flying proudly next door and wonderful skylight west towards Amsterdam Avenue. The windowed kitchen adjoins the living room and also has a large window facing west which allows in a lot of light and sun on those sunny days in the afternoon. The windowed bathroom, which includes a bathtub, has been updated and is also spacious. The large bedroom has two exposures , west and north. It's both bright and quiet, with a nice view west , and a charming view north of trees, a courtyard and a neighboring residential building which is comfortably not close. The closet space is large and accommodating. The apartment has its own electric heating system (Baxi) which is run from the apartments gas line. While the apartment still needs some updating, it has been priced accordingly! The building is a pre-war walk-up condominium built in about 1926 with basement laundry and an off-site handyman. Just a few blocks away you will find the A, B, C, D and #1 trains not to mention local bus service. The condo is also nearby City College, Columbia Presbyterian Hospital and Touro College. Riverside Park, Convent Gardens and Edgecombe Park are close by as well. Edgecombe Park has the largest pool in the area by the way. Additionally nearby is the historic Revolutionary War era Morris-Jumel Mansion which hosts many fascinating neighborhood events.
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Our Executive Mortgage Banker:
Our Insurance Division:
$385,000
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 |
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---|---|---|---|
Loan Amount | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,947 | $2,023 | $2,578 |
Total Monthly Payment | $2,022 | $2,098 | $2,653 |
* 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.