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Presented by
Maureen Heinze |
Rarely available studio condo available at the Seashore Condo Hotel. Situated in the heart of Ocean Bay Park, and just a 4-minute walk to Fire Island's pristine white sand beach, this unit provides an affordable entry point to secure your home away from home at the beach. Make the most of your leisure time enjoying the Summer fun, not worrying about landscaping, property maintenance, and the other burdens that come along with single family homeownership. Just a 2 minute walk to the Ocean Bay Park ferry, dining, and nightlife, this home is conveniently located. With durable luxury vinyl tile flooring and a beautifully renovated bathroom, this home is turnkey. Spend all summer at the beach, or rent the unit out whenever you can't make it! Affordable condo charges of $400/month and taxes only $680/year. The Seashore Condo Hotel amenities include common deck area with stunning bay views, outdoor dining areas, gas barbecues, outdoor showers, wifi, and bicycle parking.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$339,000
Broker
William Raveis Real Estate
Phone: 978.852.1899
Maureen.Heinze@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $271,200 | $271,200 | $271,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $57 | $57 | $57 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,604 | $1,648 | $2,198 |
| Total Monthly Payment | $1,736 | $1,780 | $2,330 |
* 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.