One or more photo(s) has been virtually staged. Under Construction. Turnbull Bay waterfront residence by the renowned Niagara Builders offers a blend of quality, workmanship and thoughtful design. Let's delve into the details: Location: Situated in the scenic Turnbull Bay area, this home provides amazing views of the bay. Imagine waking up to those tranquil waters every day! Lot Size: The property sits on a 75 x 260 ft lot, offering ample space for outdoor enjoyment. Garage: Car enthusiasts and RV owners will appreciate the 1, 732 SF garage. It features two sections: RV/Boat Garage: Measuring 15 x 48 ft deep, this garage provides ample space for your recreational vehicles. Second Garage: Measuring 15 x 28 ft deep, this additional garage is perfect for cars or storage. Workshop and Bath: The garage level also includes room for a workshop and there's a full bath with access to a 20 x 12 covered porch. Elevator: The Stiltz elevator takes you to the 2nd floor, where you'll find a spacious, open floor plan. Quality Features: Hurricane Impact Windows: Double-pane windows ensure safety and energy efficiency. 40-Year Architectural Roof: A durable roof built to withstand the elements. Solid Wood Cabinetry: High-quality cabinets for storage and aesthetics Solid Counters: Durable and stylish countertops. Porcelain Tile and Laminated Flooring: Quality flooring materials throughout. Inside Laundry: Two convenient laundry facilities. Second-Floor Balcony: A 42 ft wide balcony for outdoor relaxation. Landscaping and Irrigation: The property is fully landscaped with an irrigation system. Alarm System: Enhanced security for peace of mind. Hardie Board Exterior: A unique blend of concrete and composite materials that's resistant to pests, termites, rain, humidity, high winds, and fire. It never rots, swells or warps. Convenient Location: Close to shopping, eateries and just 13 minutes from the beach. This waterfront retreat offers a harmonious blend of comfort, functionality and aesthetics. Whether you're a boat enthusiast, car lover, or simply seeking a serene coastal lifestyle, this residence has it all.
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Our Executive Mortgage Banker:
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$935,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $748,000 | $748,000 | $748,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.014% | 7.041% |
Monthly Tax Payment | $33 | $33 | $33 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,103 | $4,914 | $6,671 |
Total Monthly Payment | $5,228 | $5,039 | $6,796 |
* 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.