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Bermuda Bay Club is a beautifully maintained property with a scenic walkway and observation deck to the bay, and just across the street from the beach with a crosswalk for easy access. The unit has had many updates, granite counters, large screen TV, washer & dryer, tile stair way from the entrance. Bermuda Bay Club has a heated pool and spa, a BBQ area down by the pool, and a walkway to the bay, with an observation deck to fish, or just watch boats go by. This complex is highly desired by vacationers, and by seasonal and full time Owners. The Unit has a two car garage, three balconies, a rear deck with shower, and many other amenities. The Association has great management philosophy, has a very active and concerned Board with keeping the property maintain, funded reserves, fully insured with all the inspections up to date. Now a days it is very important to evaluate not just the unit your buying but the condition of the Association and the complex your choosing, this one is at the top of the list. Review the pictures, seek out as much information as you need, by all means view for yourself.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.996% | 5.932% |
| Monthly Tax Payment | $1,152 | $1,152 | $1,152 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $4,969 | $6,975 |
| Total Monthly Payment | $6,046 | $6,246 | $8,252 |
* 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.