Many have been patiently waiting a loooong time for one of these to come up for sale. Well, today is your lucky day! Mint condition 1 bedroom "A" size 2nd floor lakefront co-op close to community in-ground pool, laundry, parking, gym, tennis & clubhouse offers an updated galley kitchen with Cherrywood cabinets, extra granite counter space, pendant and recessed lighting, stainless appliances including glass top stove, refrigerator, dish washer, and solid surface counters, dining area, living room with recessed ceiling speakers, large bedroom with walk-in closet and Andersen sliders to cedar balcony overlooking the lake, full ceramic tiled bath with tub and sliding barn door access, glass shower doors and vanity. Brazilian wood floors throughout (OK to leave uncovered or put area rugs). Custom base, crown and shadow box molding. 2 built-in A/C's. Custom window and door treatments. Recessed lighting. Gated complex offers community in-ground pool, 3 on-site laundry rooms, gym, bicycle storage, tennis courts & clubhouse, gas heat, FIOS or Optimum. Babylon Village schools, close to Babylon train station, 2 parking spaces, electric car charging station. All cats & most dogs permitted. Monthly maintenance of $879. 65 (shown before STAR) is approximately 67% tax deductible and includes all but electric, cable and a small insurance policy. STAR reduces monthly maintenance by approximately $100/month. $1100 application fee + $450 post-closing administrative fee. Enjoy all the amenities this great development has to offer plus its proximity to Babylon Village and all the Village perks. Storing items in the attic is not permitted by the Board.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $264,000 | $264,000 | $264,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,604 | $1,604 | $2,086 |
Total Monthly Payment | $1,679 | $1,679 | $2,161 |
* 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.