"ROCK THE BLOCK" - "WATERFRONT AND VIEWS" IN DESIRABLE TREASURE ISLAND ! SOLIDLY BUILT HOME - CONSTRUCTED IN 1956, SO THE VALUE IS IN THE LAND. THE SOUTHERN ORIENTATION PROVIDES SPECTACULAR VIEWS AND A PROTECTED CHANNEL FOR YOUR BOATING VESSELS TOO ! THROUGHOUT THE NEIGHBORHOOD YOU WILL SEE FANTASTIC NEWER HOMES AND SOME CURRENTLY, UNDER-CONSTRUCTION. TREASURE ISLAND IS A DESIRABLE BEACH TOWN WITH SOME OF THE MOST SPECTACULAR GULF OF MEXICO BEACH SUNSETS AND THAT SOFT - SUGAR SAND THAT EVERYONE ENJOYS. TREASURE ISLAND ALSO HOSTS THE ANNUAL "SANDING OVATIONS" - MASTER CUP - WHERE MASTER, SAND SCULPTORS TURN PILES OF SAND INTO - WORKS OF ART ! ALSO, THE ISLE OF PALMS COMMUNITY HAS THE, SPORT KITE FESTIVAL, CAR SHOWS AND THE HOLIDAY LIGHTED BOAT PARADE TOO ! THIS LOCATION, CLOSE TO THE JOHN'S PASS ENTRY TO THE GULF OF MEXICO BY BOAT, AS WELL AS EASY ACCESS TO DOWNTOWN FOR THE RAYS AND ADDITIONAL SHOPPING - A TRULY, HARD TO BEAT LOCATION AND OPPORTUNIY !
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $254 | $254 | $254 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,462 | $6,301 | $8,488 |
Total Monthly Payment | $6,841 | $6,680 | $8,867 |
* 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.