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Freshly renovated and unarguably adorable, this L-shaped studio features:
• Clever layout separating the kitchen/dining area from the living area
• Fully refinished original red oak floors
• New butcher block counter, sink, faucet and backsplash
• All new lighting fixtures throughout
• Tall 9' ceilings
• Extra large closet
• Low maintenance fee that includes heat and hot water
111 South 3rd Street represents the pinnacle of what an HDFC can become under the stewardship of a savvy and dedicated board. The co-op allows gifting, 90% financing, has a generous sublet policy, and features:
• Incredibly massive reserve fund
• Common laundry room (under construction)
• New storage units available for rent at only $30 per month
• Newly renovated lobby and common areas
• Luch common backyard appointed with new furnishings and propane grill
• New video intercom and key-fob access system for building
Perfectly located in south Williamsburg putting you close to both the J/M/Z and L trains, and you’re a stone’s throw from Bedford Ave and just 3 blocks from Domino Park as well as Broadway, both of which offer some of the best dining and drinking in the neighborhood. The southside is absolutely alive and this is your chance to be part of a new neighborhood renaissance.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$395,000
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,946 | $2,076 | $2,624 |
Total Monthly Payment | $2,021 | $2,151 | $2,699 |
* 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.