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Fantastic owner occupier/investor opportunity to own this stately, well cared for south facing air-conditioned colonial beautifully set back on an 10890sf fenced level lot on desirable Gibson Avenue in the sought-after Pier area featuring multiple updates including new expansive covered front porch, new rear porch and deck, new impression siding, new black insulated windows, new rear yard enclosure, landscaping, driveway and more. Enjoy your ideal location adjacent to all of the Pier Area amenities from restaurants to shops and of course the seawall and waterfront as well as views of the expansive front yard and attractive surroundings from your front porch. Enjoy an outside shower and relax after a day at the beach on your spacious rear deck that is ideal for grilling and gatherings and step into your fully enclosed recreational rear yard that is safe for pets and children alike. Inside, natural light abounds throughout the warm and welcoming main level offering a spacious living room with built-ins, gracious dining room that can easily accommodate large gatherings, functional eat-in kitchen with island and skylit breakfast nook, convenient laundry area and half bath that could easily be a full bath if desired. The 2nd level features a spacious primary suite with bath, main bathroom, 3 additional bedrooms and elegant wide plank flooring throughout. The walk-up attic is finished and offers convenient owners' storage while leasing. Currently leased through May 2027.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 | $1,436,000 | $1,436,000 | $1,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.223% | 6.058% |
| Monthly Tax Payment | $631 | $631 | $631 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,041 | $8,725 | $12,021 |
| Total Monthly Payment | $8,797 | $9,481 | $12,777 |
* 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.