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Updated Jr. 1/Studio apartment converted into a 1-bedroom, located In A Building directly on the beach. There Is Access To The Beach From The Building. Apartment has a eat in kitchen with a window, granite counter tops and wood cabinets. The converted bedroom has a closet and a window and comfortably fits a queen size bed. Ample closet space throughout as well as wood floors. The building offers exceptional amenities, including three elevators, two laundry rooms on every floor, a state-of-the-art air-conditioned gym, and an air-conditioned party/recreation room with a kitchen and two bathrooms. Additional features include two storage rooms, a bike room, cabanas In bldg to store your beach Chair / Surf Board and umbrellas. , There Is a In-Ground solar-heated Saltwater Pool. 2 New Bathrooms Leading Out To The Cabana Area. Just one block from the boardwalk, the building is equipped with a backup generator and has a bus stop right in front. Optimum And Fios Available. Conveniently located six blocks from shopping, and only a short distance to the LIRR, bus terminal, and major parkways. LOW MONTHLY MAINTENANCE Includes Gas Cooking, Heat, Water. , Taxes. Bldg Flood Insurance. . .
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $239,999 | $239,999 | $239,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.403% | 6.508% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,437 | $1,497 | $1,945 |
| Total Monthly Payment | $1,512 | $1,572 | $2,020 |
* 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.