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Welcome to 587 Derby Drive South, a well-maintained 3-bedroom, 2-bathroom home offering approximately 1, 550 square feet of thoughtfully designed living space in the desirable Derby section of Oceanside. The main level features an updated kitchen with custom quartz countertops, stainless steel appliances, a convenient pot filler, and ample cabinetry. Off the kitchen is a beautiful wall-bar with matching cabinets and quartz countertops, adding to the entertainment value of this home. A formal dining room is located just off the kitchen, providing a comfortable setting for everyday meals and gatherings. LED recessed lighting is installed throughout the home, creating consistent, energy-efficient illumination. 3-zone gas heating and gas cooking add to the home's efficiency and convenience. The bedroom layout is practical and functional, featuring 3 spacious bedrooms, including a king-sized primary bedroom with 2 double closets and a recently updated full bathroom. A refreshed full bathroom in the hallway serves the additional bedrooms and guests. Updated flooring throughout the home contributes to a cohesive, move-in-ready interior. The exterior is enhanced by updated siding and an entertainers yard that offers a versatile outdoor space for relaxation, dining, and seasonal use. In-ground sprinklers in the front and back. Located in Oceanside, this property provides access to local schools, shopping, dining, transportation options, and community amenities. 587 Derby Drive South combines modern updates with a straightforward layout, making it a strong option for buyers seeking a home in a well-regarded neighborhood.
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Our Executive Mortgage Banker:
$779,000
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 |
|
|---|---|---|---|
| Loan Amount | $623,200 | $623,200 | $623,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $1,129 | $1,129 | $1,129 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,732 | $3,888 | $5,134 |
| Total Monthly Payment | $4,953 | $5,109 | $6,355 |
* 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.