Lofty Aspirations on Lexington Avenue! Welcome to 281 Lexington This Modern New Construction double duplex townhome is the ideal opportunity for spacious living owner's duplex living, coupled with fantastic rental income from the 2nd duplex in this home. You'll appreciate the flexible layouts of both units that include a generous three over four bedroom option with ample bathroom counts in each unit as well. The clean lines and open concept design of this home allows for enough room for your personalization and style input. All of the important elements for townhome living are in place here including SPACE, LIGHT, and private outdoor access to enjoy privately or entertain. Laundry rooms and modern kitchens in each unit give you the basics to build on to create your very own home your way! The central Bedford Stuyvesant location gives you access to multiple dining and local shopping options, with easy access to transportation for a speedy commute to most parts of NYC. Come explore the possibilities to Live, work, and share this fantastic opportunity for home ownership. Make your appointment to view TODAY!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | $726 | $726 | $726 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,314 | $9,957 | $13,576 |
Total Monthly Payment | $10,165 | $10,808 | $14,427 |
* 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.