INCREDIBLE OPPORTUNITY to create your own kitchen/living space with a generous seller concession and an OPPORTUNITY TO HAVE AN INDOOR GARAGE PARKING SPOT WHICH COMES WITH THIS APARTMENT in fabulous Riverdale. Gorgeous morning light floods this one-bedroom at Netherland Gardens. The kitchen has enough space for a small table, but your spacious foyer doubles as a dining area. The bathroom has been newly renovated in a clean, modern style. The seller is providing the opportunity for you to create your own Fantastic New Kitchen with a large $$ concession. Netherland Gardens is a well-run Co-Op with impeccably cared-for, landscaped grounds and onsite management. Storage is also available in each building. There is a private playground, and a beautiful community room available to rent with a functioning kitchen. Park benches and umbrellas are available throughout the grounds for all tenants to enjoy. This wonderful Co-op is a block to local/express buses and plenty of shopping and restaurants. Metro-North is also very close by for a quick commute into Grand Central. Netherland Gardens is also steps away from the Riverdale Y (great gym and swimming facilities) and the Neighborhood House, both serving the community for many years Highly-rated public and private schools are also very close by. This neighborhood has it all! Please note the building has a strict projected debt to income ratio policy - must not exceed 25%.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,091 | $1,063 | $1,349 |
Total Monthly Payment | $1,166 | $1,138 | $1,424 |
* 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.