Presented byJohn Turco |
Your dream Rockaway retreat awaits! A completely renovated studio bungalow nestled in a friendly court just steps away from the beach and boardwalk. This charming hideaway boasts beauty both inside and out, offering a perfect blend of comfort and style with nothing to do but bring your beach chair and flip flops. Step inside to discover a gorgeous interior featuring a new mini kitchen, fully tiled bath, and thoughtful touches throughout. The mini kitchen provides all the essentials for whipping up snacks and beverages during your stay, while the fully tiled bath offers a luxurious space to unwind and refresh after a day of seaside adventures. Ascend to the large sleeping loft above, where plush bedding and serene surroundings await. With ample space and air conditioning to keep you comfortable, you'll drift off to sleep each night to the soothing sound of ocean waves. Outside, the bungalow exudes charm with its inviting facade and tranquil surroundings. Relax on the patio with a morning coffee or evening cocktail, soak up the sun on the nearby beach, or explore the vibrant local community just moments away. Whether you're seeking a romantic getaway or a solo retreat by the sea, this renovated studio bungalow offers the perfect blend of comfort, convenience, and coastal charm. Dues including real estate taxes are LESS than $1500 per YEAR! What a deal! Transportation via the Rockaway Ferry is close by and various renowned eateries and bars are just around the corner. This bungalow can be purchased together with 173 Beach 109 A. Combine the 2 or rent one and keep the other for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.210.8888
John.Turco@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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $58 | $58 | $58 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,592 | $2,526 | $3,205 |
Total Monthly Payment | $2,725 | $2,659 | $3,338 |
* 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.