The Cooperative or Co-op is a more common form of ownership in New York City and there are also Co-ops in Philadelphia. The fact that NO investors are allowed creates a level of stability to the development. Once you drive in, it is clear that the current owners care deeply about the neighborhood, because it is immaculate. Its a dream come true because the Co-op covers nearly everything to do with maintenance. Homeownership is easy here--the monthly fee INCLUDES: electric, gas, roof, boiler, hot water heater and exterior building upkeep. You get to design and maintain your yard. Focus on living life, not worrying about electric and heating bills. The design is perfect for a simple life and relaxing and entertaining. The kitchen is updated and the home well cared for, there is a lovely living room bright with sunlight, and large bedrooms. Washer / dryer included. This is about a mile to the train, and the bus is even closer; it is less than 10 miles to the Airport and City Hall in Philly. ShopRite, Aldi and Walmart are 1 mile away. The ACME is half a mile. Its a shopping and restaurant mecca! Nothing to do but MOVE IN. The price is amazing and you will be set for life! The BEST THING about this enclave is that this property is offered as A CASH-ONLY PURCHASE. The buyer must be an OWNER OCCUPANT. Once an offer is accepted the buyer must apply and be approved by the co-op board. (NO INVESTORS ALLOWED.)
This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.