Why rent when you can own? With good credit and only 10% down, you can make this move-in ready unit your own! This inviting 2nd floor studio in Hempstead Gardens provide an open concept design offering comfortable living and entertainment space, office area, kitchen with bistro seating, separate sleeping area that can accommodate a full/queen sized bed, bathroom and ample closets. Sunny unit with high ceilings, faces center courtyard. Move-in ready unit with gleaming hardwood floors and freshly painted walls. Fully functional kitchen awaits new owner's taste preferences. Laundry room in each building. Hempstead Gardens is a well-managed community in a park-like setting. Beautifully landscaped with a central courtyard area where residents can gather, mingle and grill. Additional amenities include a large inground pool, clubhouse, playground, separate rentable storage units and on-site assigned parking (additional $45 fee; possible wait list). This pet friendly community also features a fenced dog park! Conveniently located, walk to LIRR station. Minutes to shopping and Southern State. A commuter's dream. Come take a look!
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Our Executive Mortgage Banker:
Our Insurance Division:
$170,500
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 | $136,400 | $136,400 | $136,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $930 | $907 | $1,160 |
Total Monthly Payment | $1,005 | $982 | $1,235 |
* 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.