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Welcome to Coastal Living in Mastic Beach, a waterfront community on the rise with exciting improvements underway, including the Beechwood Community Development project in our downtown main street area! This 3 bedroom, 2 bath home features beautiful water views and a short walk to the shoreline. Attached sunroom offers the perfect place for relaxing with morning coffee while the detached one car garage adds everyday convenience. Other features include kitchen skylight , propane gas fireplace in living room, propane hot water heater, propane cooking, oil heat, separate laundry room with newer washer and dryer, and the very spacious primary bedroom which offers potential for conversion to a studio apartment with proper permits of course. . Ideal for extended living or additional income. Would also make a great artist sanctuary room with beautiful waterviews from the balcony!! Home was raised in the 80s and has a 4ft crawl space! No water entry inside even during storm Sandy! A great opportunity to own near the water and embrace the laid back beach lifestyle. Enjoy easy access to the free boat ramp at the end of the street too! Grab your kayak-Be the 1st!
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $656 | $656 | $656 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,988 | $2,130 | $2,870 |
| Total Monthly Payment | $2,719 | $2,861 | $3,601 |
* 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.