10% down financing allowed.
585 West 214th Street is a park front tree-lined street in the heart of Inwood.
It is the prewar details of this 2BR/1BA that cultivate a charming space: Sunken living room, wood inlays, arches, crown molding & original parquet floors. The hardwood floors are still in immaculate condition. Enjoy sunny mornings in the living room and primary bedroom. Both the kitchen & bathroom have a window. High ceilings, good closets. If you would like to spend more time in nature, the 196 acres of Inwood Hill Park will be your backyard. Pets ok!
Inwood is loved by many long-time residents who appreciate the small town feel of the area. Cafe's, bike paths, and plenty of restaurants to choose from. Well-serviced from nail salons, banks, pet stores, grocery stores, juice bars. Enjoy the tennis courts, hiking trails, and beautifully landscaped park.
Please contact me for a showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,560 | $2,494 | $3,164 |
Total Monthly Payment | $2,635 | $2,569 | $3,239 |
* 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.