460 Craven Ct
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
32% of that payment is not the mortgage. The HOA fee alone is $31,200 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,500.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($18,500). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($520 in 2026), not enough for a trend yet. The listing shows $520/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- On market 188 days → strong negotiating leverage
- In-unit W/D
- Garage parking
⚠️ Cons
- Older building (1964)
- Photos look dim — verify light in person
🚩 Red flags
- Co-op / TIC, not a condo — you buy shares or a fractional interest, not the unit itself. Financing is harder and dearer, a board can vet or refuse you, resale may be price-capped, and the buyer pool is thin. Every comp behind the numbers below is a condominium, so treat the gap as an ownership-form discount until you have read the share loan terms and the bylaws.
Photos
Price history (this unit)
- May 17, 2026 — Price Changed $370,000
- Apr 7, 2026 — Listed $395,000
Description
Opportunity knocks! This condo (co-op) features 2 spacious bedrooms upstairs along with a full bath, spacious living area, kitchen, laundry, powder room on the first level. This "Diamond in the Rough" is priced to sell and has tons of potential! Easy and convenient access to everything, Costco, transportation, shopping, dining and so much more!