Riverview - Magnolia Park (North East) - Built in 2017 with approx. 1, 588 SQ FT of living space this townhome consists of 2 bedrooms & 2. 5 baths with a 1-car garage. Living room / dining room combo. Good size kitchen with stainless steel appliances, refrigerator, flat top range, microwave and dishwasher. Split bedroom floor plan with loft area in between. The primary suite has bath with double sinks and glass step in shower. The second bedroom is also located upstairs, theres a hall bath with tub/shower combo. The loft area is (12x11). Laundry space with full size washer and dryer. The flooring is wood laminate, tile and carpet. This community has a community pool. Easy access to I-75 and the Crosstown Expressway. Trash is included in the rent, tenants pay electricity and water. Tenant pays for community gate decal (approx. $25. Pool card approx. $50) HOA approval needed 30 days prior to move in. NO PETS PER OWNER.
All Hoffman Realty residents are enrolled in the Resident Benefits Package which is an additional $49/month, payable with rent and includes utility concierge service making utility connection a breeze during your move-in, HVAC air filter delivered monthly (for applicable properties), our best-in-class resident rewards program, online maintenance portal, online rent payment portal, one late-fee waiver and much more!
If you decide to apply for one of our properties, there is an $85 per adult application fee that is non-refundable. Anyone aged 18 or above who will be residing at the property must apply. We will (1) check your credit report; (2) check for any past evictions; (3) verify your employment, if applicable; (4) personal income, assets, or assistance must be sufficient and verifiable; (5) verify your previous landlord references; and (6) perform criminal background screening; (7) be aware that some associations also have application fees. We encourage you not to apply if you have bad credit references or poor rental history.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,760 | $1,760 | $1,760 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $12 | $15 |
Total Monthly Payment | $87 | $87 | $90 |
* 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.