Welcome to your dream condo in the Arverne by the Sea community! This bright penthouse offers the epitome of beach living with stunning bay views and modern updates throughout. As you step into this spacious 1-bedroom residence, you are greeted by an abundance of natural light streaming through, highlighting the sleek hardwood floors and contemporary finishes. The open-concept living area provides the perfect space for entertaining, with a seamless flow from the living room to the dining area and to the the white renovated kitchen with quartz counters. Step outside onto your private balcony and savor breathtaking panoramic views of the bay and beyond. Deeded parking space and western sunset views! Whether you're enjoying your morning coffee or hosting evening gatherings with friends, this outdoor oasis is sure to impress. With convenient access to transportation, shopping, and dining options, this vibrant community offers the perfect blend of beach living and convenience. Don't miss your chance to experience waterfront living at its finest. Schedule a viewing today and make this updated penthouse your new home sweet home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$339,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,200 | $271,200 | $271,200 |
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 | $341 | $341 | $341 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,850 | $1,802 | $2,287 |
Total Monthly Payment | $2,266 | $2,218 | $2,703 |
* 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.