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This one-bedroom co-op is situated in a quiet area and features beautiful parquet flooring, recessed lighting, and crown moldings. Upon entry, you will be greeted by a spacious foyer that includes a double closet. This area can be used in various ways, such as a reading nook or an office space. The generously sized living room has eastern exposure, allowing for an abundance of natural sunlight. The windowed kitchen boasts maple cabinetry that extends to the ceiling, providing ample storage. It is equipped with a gas stove, microwave, and granite countertops, making it an ideal space for food preparation. For added privacy, a hallway separates the living area from the bedroom, which benefits from two exposures and features a large, mirrored closet that extends from nearly floor to ceiling. An additional linen closet outside the bedroom offers extra storage. The windowed bathroom is elegantly designed with floor-to-ceiling shadow stone ceramic tiles and multiple cabinets. The glass-enclosed tub, equipped with a rain shower head, enhances the bathroom's overall charm. This well-maintained co-op has a monthly maintenance fee of $576, which covers electricity, gas, taxes, heat, and hot water. Southridge Section Three offers several amenities, including an indoor bike rack, laundry facilities, and storage available for rent. The property features a beautifully maintained lobby, courtyards, and a playground. Note that there is a waitlist for parking. A 20% down payment is required along with board approval. Subletting and dogs are not permitted, but cats are welcome. Additionally, restaurants, shopping, parks, and cafes are conveniently located just moments away.
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Our Executive Mortgage Banker:
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$269,000
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 | $215,200 | $215,200 | $215,200 |
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% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,360 | $1,414 | $1,801 |
Total Monthly Payment | $1,435 | $1,489 | $1,876 |
* 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.