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Enjoy easy living at 12 Ocean Bay Blvd! Beautiful 4 bedroom, 2 full bath home in prime mid-block location in the heart of Ocean Bay Park. Ideally situated just a 2-minute walk from the beach and a 2-minute walk to the ferry, this home is beach living at its best. The sunny, renovated kitchen features stainless steel appliances, quartz countertops, and a ceramic tile backsplash. If yellow cabinets aren't your vibe, the beautiful cabinetry can be painted the color of your choice. Both full bathrooms have also been completely renovated, or you have the option of using the outdoor shower. Ductless minisplit unit in the main living area will keep you cool and comfortable all summer long, and offers heating to allow use of the home deep into the Fall and early into the Spring seasons. Privacy abounds on the 50'x100' lot with lush greenery. All on one level, this home is truly low maintenance, with James Hardie cement siding, Trex decking, updated windows, and cedar paneled interiors. Affordable flood insurance only $1, 859/year, low taxes only $4, 753/year, and no HOA make this home a spectacular choice for your beach getaway or rental investment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,175,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $940,000 | $940,000 | $940,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.846% |
| Monthly Tax Payment | $396 | $396 | $396 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,191 | $5,560 | $7,743 |
| Total Monthly Payment | $5,712 | $6,081 | $8,264 |
* 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.