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Gorgeous 2 bed / 2. 5 bath luxury townhouse (former model home) for rent within the highly sought after gated community of Monterey in Boynton Beach (Incredible location - 5 minutes from Downtown Delray Beach & Atlantic Ave!!!). This home includes all the bells and whistles and is the most upgraded Brookdale model in the entire community featuring a 2-story layout with beautiful engineered wood flooring, high-end ceramic tile, and 9 ft interior ceilings. Notable Home features tenants will LOVE include: Plantation shutters in all rooms, contemporary kitchen with custom crafted 42'' cherry wood shaker style cabinetry, granite kitchen countertops, stainless steel kitchen appliances, Reverse Osmosis (water purifier), large kitchen pantry for storage, elegant window treatments, crystal dining room chandelier, master bedroom with dual closets (one-side includes a custom organization system), upgraded vanities in all bathrooms, white colonial baseboards, whole house freshly painted, guest bedroom with custom closet including pull-outs. Upgraded fans and light fixtures throughout, recessed LED lighting in all rooms (lower electric bill!!), two linen closets, an attic for additional storage, hurricane impact glass windows for 2nd floor (panels for 1st floor), and a front courtyard with covered sitting area. The unit is located in the best section of the community offering a front garden view and is walking distance from the community pool and mailboxes (all other homes directly face the street or another unit). The community of Monterey features a gated entry, community swimming pool with sundeck, cabanas and playground. Excellent Boynton Beach location, 5 minutes away from Downtown Delray and everything Atlantic Ave has to offer: shopping, Zagat rated restaurants and gorgeous beaches. Residents are also within close proximity to Calusa Park, Lake Ida Park, local farmers markets, multiple Publix shopping plazas, local schools, and more! Easy access to I-95 and Turnpike make it easy to commute to the nearby cities of Delray Beach, Boca Raton, and Lake Worth. This is your chance to live in a newer community minutes from the beach! Schedule a showing today!
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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 | $2,000 | $2,000 | $2,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $12 | $13 | $17 |
| Total Monthly Payment | $87 | $88 | $92 |
* 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.