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PRICED TO SELL!!! Experience the best of beachside living in this beautifully renovated 2- Bedroom, 2-Bathroom condo at the sought after Ocean Grande Condominiums in the Rockaway. This bright and spacious home features brand new, never used stainless steel appliances and an enourmous private balcony with breathtaking, unobstructed ocean views. The open layout offers balcony access from both bedrooms as well as the living room, filling the space with natural light throughout the day. The primary bedroom includes a walk in closet and it own en suite bathroom offering private retreat within the home. Included with the unit is a bedded parking space (#39), adding valuable convenience to your daily life. Ocean Grande is a meticulously maintained building with exceptional amenities including direct beach access with locker rooms and showers, a fully equipped gym, a common laundry room, party room, business center, a 24 hour doorman, and a live in superintendent. Whether you're looking for a year round residence or a relaxing getaway, this is easy, elevated beach living at its finest. *photos of unit are virtually staged ** HOA - $764/monthly
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Our Executive Mortgage Banker:
$645,000
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 | $516,000 | $516,000 | $516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $432 | $432 | $432 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,177 | $3,258 | $4,285 |
| Total Monthly Payment | $3,701 | $3,782 | $4,809 |
* 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.