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Welcome to this 2 Bedroom, 2 Bath, Beachside Residence with private outdoor terrace.
Sun drenched 1, 200SF beachside home boasts floor to ceiling windows accentuating the expansive ceilings and bathing the home in gorgeous natural light. Take in the seaside breeze with your very own 45 SF private outdoor terrace in this extraordinary condominium residence. Elegance and luxury abound with 6" European white oak flooring and abundant of closet space throughout the thoughtfully designed townhome. Stainless steel appliances by LG delivered in the generous open kitchen offering white and grey cabinetry complemented by chic honed Carrara Quartz countertops expertly paired with a glazed ceramic backsplash. Bosch washer and dryer are conveniently located in a generous laundry room just beyond the kitchen. Grey and white porcelain and ceramic tiling outfit the five-fixture Kohler modern bathroom complete with custom cabinetry, three medicine cabinets, and a double vanity.
As part of the Beach One Sixteen Condo community, residents have full access to the unparalleled amenities of the building, as well as temperature controlled private underground garage parking. Amenities available to residents at One Sixteen include a lobby attendant, fitness center, onsite valet parking, and two resident lounges: an impressive 4, 600-square-foot roof deck and Eighth floor club with a giant entertainment space that have sprawling and gorgeous Western views of the bay and ocean.
STAR Tax Abatement available for primary resident homeowners.
One Sixteen truly articulates a beachside living lifestyle. Availability and additional fees may apply.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$725,000
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 | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,571 | $3,666 | $4,816 |
| Total Monthly Payment | $3,663 | $3,758 | $4,908 |
* 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.