THE UNIT: Welcome to the dreamy #3H - a quiet, front-facing, sunny, sprawling and reno'ed, convertible 2-3 bed/ 2 full bath corner unit in excellent condition that spans across approx. 1250 sf of bright and airy living. A coveted floor plan and functional layout offer multiple flex space options throughout that make for a wonderful home to grow into and that grows w/ you thru all of life's stages. Step inside to a grand entry foyer w/ 2 large closets that easily flexes to other uses such as a formal dining area, home office and/or other. Look ahead to a bright, oversized, extra long, main living area w/ lots of natural light and that also comfortably accommodates add'l uses. To the left, a main hall leads first to the kitchen, then beyond to a hall bath, en suite bath and 2 king-sized bedrooms. A spacious and updated galley kitchen is a pleasure to cook in and features s/s appliances, a d/w and plenty of cabinetry and storage. An updated hall bath boasts a classic design w/ clean floor-to-ceiling tile and tub/shower combo. A corner master bed w/ dual window exposures, separate his and hers closets and its own en suite bathroom is its own private retreat! On another side of the unit, enjoy a quiet, nicely-sized 3rd bed as yet another alternate use option fit for a quiet baby nursery, formal dining room or other. Other notable highlights include large windows, beautiful hardwood floors, crown moldings, plenty of closets, freshly painted walls and much more. This apartment, w/ it's low maintenance (+ included parking spot) and all else it has to offer, makes for ideal living that truly checks all the boxes! Don't miss this chance to get in while you can!? THE BUILDING: The Fairfax is a most wanted and highly sought after, well-maintained, pet-friendly, & financially sound mid-rise amenity building very centrally located on a quiet street in prime FH - apartments here don't come on the market very often! As a resident, you'll enjoy the best of suburban tranquility, urban convenience and modern living all in one. Amenities include, first and foremost, an indoor parking spot included w/ the sale that is immediately available upon closing at an extremely low monthly rate of $192/month. . . NO WAIT! ?You'll also find friendly doorman service, a modern lobby w/ seating area, on site laundry at lobby level, live-in Super w/ full maintenance staff, video intercom at main entrance w/ remote management by shareholders and so much more! Ideally located in the heart of the neighborhood, enjoy quick and easy access to absolutely all via short walk, public transportation and/or car to include local/express subways, buses and the LIRR, shops, entertainment, banks, places of worship, the public library, FH Stadium, FH Gardens, the West Side Tennis Club, Austin Street, public parks, local airports, major highways and more! ? ?? OTHER: Super LOW MONTHLY MAINTENANCE includes heat, hot water and real estate taxes. No current and/or upcoming assessments as of 10. 30. 24. Board app, interview & approval apply. Min DTI % = 28%. Min down payment = 20%. Good credit required. Sublets allowed after 2 years for 1 year at a time w/ board approval. Parking sublets also?allowed w/in guidelines. Dogs and cats allowed. Zoned for top SD 28 and the highly regarded PS 196 is just 2 blocks away!
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$699,000
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 | $559,200 | $559,200 | $559,200 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $3,812 | $3,809 | $4,808 |
* 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.