80 Knolls Crescent #1H, Bronx, NY 10463 Step into this well-designed 2-bedroom, 1-bath liimited equity cooperative located in the sought-after Knolls Crescent neighborhood. Priced at $175, 546 this spacious first-floor unit boasts a practical layout perfect for comfortable living. The apartment opens to a large foyer that flows seamlessly into a combined living and dining area, ideal for entertaining guests or cozy nights at home. The eat-in kitchen offers ample storage and counter space, catering to your culinary needs. The unit features two bedrooms, including a generously sized primary bedroom and a secondary bedroom, providing flexibility for a home office or guest space. A well-appointed bathroom completes the layout. Parking Available. Board Approval required. This is a limited equity cooperative, which offers affordable homeownership but restricts mortgage financing. Buyers must meet specific eligibility requirements and should be prepared for a cash purchase. With an estimated low monthly maintenance of $891, this apartment is a perfect balance of affordability and convenience. Located near the Spuyten Duyvil Metro-North Train Station and local and express bus routes, commuting is effortless. Don’t miss the opportunity to own this thoughtfully arranged cooperative in a prime Bronx location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,546
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $140,437 | $140,437 | $140,437 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $876 | $923 | $1,176 |
Total Monthly Payment | $951 | $998 | $1,251 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.