This renovated 1BR condo has high ceilings, refinished hardwood floors, new interior doors, wonderful lighting fixtures, lots of closets, and a brand new (and quiet!) all-in-one Trane HVAC that provides cooling and heating! It is a raised first floor home and faces the rear. Immaculate condition!
The combo living room-dining area is welcoming, well-proportioned, and centrally positioned. Great for entertaining or relaxing. Step into the windowed-chef's kitchen that includes new stainless-steel appliances (Whirlpool refrigerator, gas stove, microwave and LG Dishwasher), white cabinetry, and attractive tiled flooring. Whether you enjoy preparing elaborate or easy recipes, this well-lit room is a chef's dream!
The spacious bedroom boasts two oversized windows, a large closet with four new sliding doors, and rich hardwood floors. It comfortably holds a king-sized bed and several large pieces of furniture.
571-579 Academy Street is an elevator building with laundry, storage units, and bike storage. The location is incredibly convenient for restaurant-goers, shopping, and park-lovers. The neighborhood is serviced by the 1 & A trains and express buses, and also offers easy access to the Henry Hudson Parkway. Being one of a few condo buildings in Inwood, this home offers an incredible investment opportunity. Pets and unlimited subletting are permitted.
Email or text me for a private showing.
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William Raveis Real Estate
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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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,199 | $2,197 | $2,812 |
* 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.