NEW price. NEW roof. NEW Water Heater. All 2024. All new electrical, plumbing and kitchen updated 2006-7. New drainfield 2018. Check out this magnificently restored 1956 Mid-Century Modern home on prestigious John Anderson Drive. House includes 3 lots. The large backyard has over 6, 000 SF great for privacy and creativity with plenty of room for building another garage/shed or pool. This kind of space is almost non-existent on beachside. One block from the no-drive Atlantic Ocean beach access, and front views of the Intracoastal Waterway. Excellent place to have your morning coffee, or evening cocktails, and enjoy the water view. Oak trees, lush foliage, and a beautiful lawn provide an estate feel. Real white oak floors, restored terrazzo, and tile flooring make this a custom home. Original architectural glass separates the living and formal dining rooms. Kitchen has oversized pantry. Large laundry room with washer/dryer, folding table, and closet. Living and entertainment rooms have 12-foot wood beam ceilings. Ensuite master bedroom, and 1 ensuite guest bedroom, both have incredible oversized updated bathrooms. A 3rd large bedroom and ½ bath have both been updated. Large bonus room is used as a 4th bedroom/office/or den; however, it needs a wardrobe closet.
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Our Executive Mortgage Banker:
Our Insurance Division:
$698,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $143 | $143 | $143 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,809 | $3,711 | $4,788 |
Total Monthly Payment | $4,044 | $3,946 | $5,023 |
* 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.