A PRICED-TO-SELL, MAX VALUE PURCHASE OPPORTUNITY in prime Forest Hills! This is a private and serene studio unit w/ ideal floor plan and most functional layout nestled on the backside of a coveted, full-service, full-amenity building located on a quiet, tree-lined street tucked away on a central block near all - to include all conveniences, public transportation (LIRR, E/F/R/M subway, local and express buses to NYC, etc. ) entertainment, commerce, all major highways, FH Stadium, the WSTC and more. This apartment boasts a spacious main living/sleeping area, open concept kitchen, 2 large closets and separate bathroom w/ additional dressing/closet area. Building highlights include a doorman, live-in super and full maintenance staff, beautifully landscaped exterior grounds and gardens, updated lobby, new laundry room, community room, outdoor gated courtyard, children's playground & community garden. 20% minimum down payment. 28% max debt-to-income requirement. Board application, interview & approval apply. No pets. NO sublets. Look out for full listing details & photos to follow. . . DON'T LET THIS CHANCE PASS YOU BY!
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Our Executive Mortgage Banker:
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$149,000
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 | $119,200 | $119,200 | $119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $793 | $792 | $1,005 |
Total Monthly Payment | $868 | $867 | $1,080 |
* 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.