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Welcome to 136 Meridian Boulevard, a beautifully maintained duplex located in the sought-after Arverne by the Sea community. Situated in a private, well-maintained community, this property offers the best of beachside living with modern conveniences. This unique property provides the perfect opportunity for both comfortable coastal living and additional income potential. Located just steps from both swimming and surfing beaches, this home is also conveniently close to local shops, restaurants and only minutes from the ferry, providing easy access to the city. Never worry about parking here with rear access garage parking and four parking passes for street parking within the private community. The main residence features a three-bedroom layout with central air, first floor laundry space and a central vacuum system throughout this three-level home. Enjoy seamless indoor-outdoor living with access to a private backyard and a rooftop deck offering stunning beach views—perfect for relaxing or entertaining. The separate one-bedroom apartment is a standout, featuring oversized windows that fill the space with natural light and offer ocean views from every room. Complete with its own laundry, this unit is ideal for rental income.
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Our Executive Mortgage Banker:
$1,055,000
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 | $844,000 | $844,000 | $844,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $450 | $450 | $450 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,792 | $5,128 | $7,122 |
| Total Monthly Payment | $5,367 | $5,703 | $7,697 |
* 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.