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Welcome home to the comfort and convenience of the highly sought after Stonegate Co-op complex. Enjoy this light filled, top floor, one bedroom, one bath home. Featuring an oversized bedroom with ample walk-in closet space. This unit boasts an expansive open concept, living and dining area with sliders that open to a balcony with year round mountain views. There is additional closet space to accommodate all your coats and linens. The large eat in kitchen, equipped with newer appliances (2021), new flooring (2024), plenty of cabinet space and an oversized walk-in pantry will make entertaining a breeze. Enjoy a private entrance with no one living above you, a reserved parking space and plenty of guest parking. Laundry and storage areas are conveniently located in the building. Stonegate’s amenities include a lifeguard monitored pool, picnic and barbecue areas. Monthly maintenance includes taxes, heat, water, basic cable, and internet. STAR allowance for the primary resident is an added bonus. Experience all that the community has to offer by being close to schools, shopping, public transportation, medical facilities, the Paramount Theatre and the vibrant Peekskill waterfront. Commuters will appreciate the under one hour ride to GCT from the nearby Peekskill train station. This exceptional unit has it all! Credit score of 775 & 20% deposit at contract signing. Income requirements-NO EXCEPTIONS. Cash buyer income must be greater than $38, 000 EACH APPLICANT. If getting a mortgage income must be greater than $55, 000 FOR EACH RESIDENT. Buyer must have $15, 000 in bank after the closing and debt to income ratio not to exceed 30%. Interior furnishings available for sale excluding dining room mirror.
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 | $132,000 | $132,000 | $132,000 |
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 | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $824 | $867 | $1,105 |
Total Monthly Payment | $899 | $942 | $1,180 |
* 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.