If you are looking for a co-op in Douglaston, you must see this one. Right here in the vibrant community of Douglaston, this 1 Bedroom co-op is a true gem that stands out with its intricate architectural features and attention to detail. As you enter, you are welcomed by an elegant foyer adorned with a coffered ceiling and a stunning chandelier that sets the tone for the rest of the unit. The crown molding and raised panel half wall paneling creates an atmosphere of sophistication, while the wood-framed windows and door openings allow natural light to illuminate the meticulously maintained hardwood floors. The expansive bedroom is a highlight, providing ample space for a king-size bed and additional furnishings, ensuring comfort and relaxation. The bathroom offers a serene retreat, a sense of tranquility. The kitchen is a culinary delight, featuring classic cabinetry and exquisite tilework that makes cooking a pleasure. The dining area, complete with more raised wall paneling and a beautiful chandelier, is perfect for entertaining. This co-op is not just a home; it's a lifestyle that combines elegance with comfort. Discover the convenience of living a block away from the LIRR and MTA buses. With major highways close, traveling is easy. Indulging in the local scene of delightful restaurants, shops, schools, and for golf enthusiasts, the Alley Pond Golf Center is merely three blocks away. The building boasts meticulous maintenance and is financially secure. Residents and visitors alike admire, particularly the bright and inviting renovated lobby. While garage parking has a waiting list, abundant street parking is readily accessible. This unique co-op allows homeowners to sublease after just three years of residency, with no flip tax for sellers, making it an exceptional choice in the competitive real estate market. Enjoy the picturesque waterfront community of Douglas Manor, where tree-lined streets and beautiful sunsets over Little Neck Bay, you'll be glad you're here.
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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 | $247,200 | $247,200 | $247,200 |
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 | $1,645 | $1,643 | $2,120 |
Total Monthly Payment | $1,720 | $1,718 | $2,195 |
* 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.