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Discover this rare two-family bungalow in the desirable East Atlantic Beach community, just moments from the ocean. Offering both flexibility and income potential, this home features two units. The main-level unit includes 3 bedrooms and 1 full bathroom, along with a bright living area and functional layout perfect for everyday living. The ground-level unit offers 2 bedrooms and 1 full bathroom, making it ideal for extended family, guests, or rental opportunities. Outdoor living is enhanced by a welcoming front patio, while an attached garage and private driveway provide convenient parking and storage. As a resident of East Atlantic Beach, this property comes with 3 resident beach passes and access to 2 bins, giving you the ultimate private beach experience. Passholders are also allowed to bring guests, making it easy to share the coastal lifestyle with family and friends. In addition to exclusive beach access, this home is close to shopping and dining in Long Beach, Atlantic Beach, and Island Park. Nearby recreation includes the Long Beach Boardwalk, marinas, fishing piers, and community tennis and pickleball courts. Commuters will appreciate easy access to the Long Beach LIRR station, major parkways, and JFK Airport, with schools, houses of worship, and medical facilities also nearby. Enjoy the best of beachside living with the comfort and versatility of a two-family property that truly has it all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.577% | 5.986% |
| Monthly Tax Payment | $756 | $756 | $756 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,717 | $3,868 | $5,149 |
| Total Monthly Payment | $4,565 | $4,716 | $5,997 |
* 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.