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**Welcome to The Sherwood House, where coastal living meets endless possibilities** This spacious Junior 4 offers a flexible layout, a large private terrace, and incredible potential to create a home that reflects your personal style. Inside, you'll find a generous living area, a spacious primary bedroom, a full bathroom, and an eat-in kitchen with an adjoining bonus room that can be used as a formal dining room, home office, den, or offers the potential for an additional bedroom (subject to applicable approvals). Hardwood floors, abundant closet space, and a well-designed floor plan provide a fantastic opportunity to update and make this home your own. A covered parking space is included, adding convenience to everyday beach living. Residents of The Sherwood House enjoy outstanding amenities including a saltwater inground pool, a brand-new fitness center, laundry on every floor, a bike room, party room, and a secure entry system. Ideally located just across from the beach and the iconic Long Beach Boardwalk, you'll enjoy the best of the beach lifestyle with easy access to the shoreline, restaurants, shopping, parks, and the LIRR. Maintenance includes taxes, heat, gas, and water, the STAR rebate applies, and only 10% down is required. Don't miss this opportunity to own a versatile home with a large private terrace, covered parking, and endless potential in one of Long Beach's most desirable oceanfront buildings. More photos coming soon!!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$449,000
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 | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,151 | $2,268 | $2,983 |
| Total Monthly Payment | $2,226 | $2,343 | $3,058 |
* 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.