Diamond District direct Ocean View property. Ocean frontage across the street is amazing. 2 bedroom 2 level unit. Open and spacious floor plan offers ocean views, hardwood flooring, beamed ceilings and finished lower lever flex space (900 sq ft. ) with full bath and 2 additional bedrooms. Private deck facing ocean which is large enough for deck furniture. 1st level includes 1 bedroom, 1 full bath, dining area off kitchen, 1st level laundry, stainless applianced kitchen, and 3 season Sun Room. Needs some TLC. Parking is on street permit parking. Lovely setting. Easy distance to Red Rock Park and Nahant Beach. Monthly condo fee ($957) includes forced hot water heat, gas hot water, water/sewer, master insurance and exterior maintenance. Roof 2009. Some newer windows. Views are amazing. Corner Lot on Deer Cove Street.
|Bedroom 2||14 x 16||Basement|
|Dining Room||15 x 17||First|
|Kitchen||Beamed Ceilings||10 x 14||First|
|Living Room||Flooring - Hardwood||14 x 18||First|
|Master Bedroom||Beamed Ceilings, Flooring - Hardwood||15 x 17||First|
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5/6 (30 Yr)
Adjustable Rate Conforming*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||7.125%||7.000%||6.000%|
|Interest Rate based on Index + Margin||7.875%|
|Annual Percentage Rate||7.808%||7.169%||6.266%|
|Monthly Tax Payment||$517||$517||$517|
|H/O Insurance Payment||$75||$75||$75|
|Initial Principal & Interest Pmt||$2,312||$2,283||$2,896|
|Total Monthly Payment||$2,904||$2,875||$3,488|
* 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.