Welcome to Roosevelt Terrace a stable cooperative on a tree-lined street in the heart of Jackson Heights Historic District. A quiet one bedroom facing southeast and west. This unit has cross ventilation with lots of natural light. The dining room and kitchen are facing northwest. The apartment has cross ventilation and a lovely, oversized terrace. Wood floors throughout the unit which adds to the esthetics of this apartment. This well managed and maintained cooperative has excellent amenities. There are on-site storage units, parking with no waiting list, a wonderful playground, Amazon lockers for your deliveries, and a community room. All these amenities are for the convenience of the cooperative owners and family. The management office is on site along with a live-in super, porters and barrier free door openers for owners' convenience when carrying groceries and packages. Located a few steps away from 37th Avenue for shopping, supermarkets, many restaurants in the World's Boro Queens. With some of the best restaurants in the world JH was voted #1 for food in the world! Convenient location with beautiful architecture in and surrounding the Historic District of Jackson Heights. Schools, Houses of Worship, airports, incredible food selections in JH. The public transportation is # 7 Train, E, F, R and buses to LGA & JFK Airports. 10 minutes from LGA, 20 minutes to JFK. Approximately. 9 miles from Midtown, Manhattan. Jackson Heights has the most diverse zip code in America. A great place to call home! UTILITES INCLUDED.
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Our Executive Mortgage Banker:
Our Insurance Division:
$298,000
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 | $238,400 | $238,400 | $238,400 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,586 | $1,584 | $2,044 |
Total Monthly Payment | $1,661 | $1,659 | $2,119 |
* 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.