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221 North 11th Street, Residence 3 is a bright, 2 bedroom, 1 bathroom, floor-through condominium in prime Williamsburg, adjacent to McCarren Park. This bright, well-designed home has contemporary finishes, an in-unit W/D and exceptionally low carrying costs. Details Include: • Northeast-facing living/ dining room with oversized windows and three exposures overlooking lush gardens below •? ?Open concept kitchen featuring granite countertops, ample storage space, island seating, and a suite of full-size stainless steel appliances, including a dishwasher (Samsung; GE) •? ?Southwest facing, King-sized primary bedroom with room for office/ seating area and a very generous walk-in closet • Separate, queen-sized second bedroom with garden views and a large closet •? ?Polished, modern bathroom complete with handsome tiled floors, floating vanity and a combination shower/ soaking tub •? ?Residence 3 is complete with through-the-wall AC, in-unit washer dryer, coat closet, and recently refinished oak flooring throughout. The 221 North 11th Street Condominium is a discreet, boutique building, comprising four units across four stories. Residents are supported by both a managing agent and local super. Just a stone's throw from McCarren Park, this ideal location provides access to the countless acclaimed bars and restaurants, boutique fitness options, and everything else that Williamsburg offers. Transit is available via the nearby L & G trains. Pet friendly.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $425 | $425 | $425 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,882 | $6,634 | $8,812 |
Total Monthly Payment | $6,432 | $7,184 | $9,362 |
* 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.