If you're looking for a one bedroom co-op, in a modern building with a gym and nice size fully furnished lounge, then this unit in The Shelton is one you will want to see. This one bedroom apartment features a living room with dining area. A modern kitchen with stainless appliances and granite countertops. Nice size bedroom with a walk-in closet, and a roomy full bath. The unit also features air conditioning, video intercom, free WiFi, and hardwood floors throughout. The Shelton is an HDFC income restricted co-op with a landscaped front courtyard that leads into the building's entrance to the grand lobby. The Shelton's gym is well-equipped and you can exercise at your convenience. For those looking for a social evening of fun, The Shelton's lounge is decked out with a Wii console, a flat screen, card table, shuffleboard and a kitchenette. The community room (which can be renter out) features a kitchen - the perfect place for gatherings. Residents also have access to storage lockers, and an underground parking garage, along with the building's own bike storage The Shelton is located near the G train at Bedford-Nostrand, the JMZ at Myrtle Ave and the B38 bus, and close to dining, shops, and parks. Income Restrictions: One Occupant - $$97, 830 Two Occupants - $111, 870 - Asset Cap - $247, 100
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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 | $272,000 | $272,000 | $272,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,810 | $1,808 | $2,294 |
Total Monthly Payment | $1,885 | $1,883 | $2,369 |
* 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.