Make this fully furnished beach front property yours today! Current taxes are only $6217/year. Furniture included! Great property for extended family or an escape from the hustle and bustle of the city! Stunning panoramic ocean views and impeccable craftsmanship, this remarkable property offers an exceptional opportunity to own a home where luxury and convenience converge. This 3-story haven boasts five bedrooms and five bathrooms, each thoughtfully designed to provide both comfort and functionality. The master suite is a sanctuary of relaxation, featuring an en-suite bathroom with a deep soaking tub enhanced by invigorating jets. Immerse yourself in luxury from the moment you move in. Step outside to discover the inviting boardwalk just beyond your door, offering a picturesque path along the shore for leisure and breathtaking views. Private driveway accommodating two-three cars, ensuring hassle-free parking. Unwind in your backyard haven, complete with a spacious deck adorned with tasteful furniture. Vibrant surroundings that include a plethora of amenities in the immediate area, such as grocery shopping, wine bars, and restaurants, all within easy reach. Effortless connectivity, a short distance to the train station, offering easy access to Manhattan. Additionally, a quick 9-minute Uber ride lands you at the NYC Rockaway Ferry Terminal, providing a seamless route to Wall St. and the heart of the city. Don't miss the opportunity to make this captivating Arverne By The Sea retreat your own and experience a lifestyle that embraces luxury, tranquility, and the timeless allure of oceanfront living. Taxes listed enjoy a tax abatement with approx. 10 years left. Low Monthly HOA only $198/month.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,999 | $1,039,999 | $1,039,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,403 | $6,832 | $9,203 |
Total Monthly Payment | $7,046 | $7,475 | $9,846 |
* 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.