Resort style living awaits the new owner of this 2-bed, 2-bath unit in this luxury high rise building located in the highly sought-after Bay Terrace neighborhood. The Versailles is the centrally located building in the three-building development. Unit opens to an expansive balcony with magnificent water views of Little Neck Bay. Unit also boasts hardwood floors all throughout and under carpet, central AC, master bedroom with master bath that can comfortably accommodate a king size bed plus furniture and a second bedroom that can accommodate a queen size bed plus furniture. Each of the 2 bedrooms has water views. Subletting allowed after 2 years of shareholder residency. All utilities including AC included in monthly maintenance fee. When you decide to venture out, the building is replete with amenities for you to enjoy: State-of-the art fitness center with steam room & convenient fitness class schedule, 24-hour doorman and security, concierge service, in-ground, outdoor heated pool with concession stand, in-building delicatessen serving breakfast, lunch & dinner and stacked with snacks, on-site vending machine for late-night treats, newly renovated laundry room, dry cleaners, clubhouse for hosting parties and events, basketball court, five private tennis courts, hair & nail spa, children's playground and indoor & outdoor garage parking. The neighborhood rivals the development with a waterfront park nearby with serene bike and jogging path, Bayside Marina for sailing aficionados or venture 5 minutes out to the Clearview Park golf course if you want to work on your swing. Better yet, craft a day's agenda that involves a decorating and shopping spree at Home Goods, one of the many stores in Bay Terrace Shopping Center 0. 5 miles away then round out the day with dining at any of the top-rated local restaurants and a movie at AMC theater in the same shopping center. The convenience of Cross Island Pkwy. only minutes away, the LIRR Bayside 9 minutes away or Express QM2 3 minutes away makes getting around town a cinch. There is nothing more left to say about a great unit situated in a great building and located in a great neighborhood . . . except, come see it for yourself!, Additional information: ExterioFeatures: Tennis
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William Raveis Mortgage, LLC
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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 | $294,400 | $294,400 | $294,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,861 | $1,957 | $2,464 |
Total Monthly Payment | $1,936 | $2,032 | $2,539 |
* 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.