A luxury beach hotel-inspired condominium, The Boardwalk is a first-of-its-kind offering in Long Beach. Situated along the boardwalk, the pair of white stone buildings offer an exclusive resort lifestyle, making home a destination. Over 40, 000 square feet of wellness and relaxation-driven indoor and outdoor amenities offer a customizable, active, and healthy lifestyle, including an exclusive porte-cochere, seasonal oceanside saltwater swimming pool, private pool-side cabanas for purchase, Club Room, Private Dining Room, Billiard Room, Card Lounge, Kid's Play Room, Pet Grooming Station, The Hub co-working space, Outdoor kitchens, Private Dog Run, and State-of-the-art Fitness Studio with training room and saunas. The at-your-service culture at The Boardwalk is perfectly complimented by the lively beachside, easy access to dining and local conveniences, and proximity to Manhattan in under one hour on the Long Island Rail Road. Meet us at the Boardwalk! The complete terms are in an offering plan available from the Sponsor (CD22-0254 and CD23-0138) The artist representations and interior decorations, finishes, appliances, and furnishings are provided for illustrative purposes only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,095,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $876,000 | $876,000 | $876,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,131 | $1,131 | $1,131 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,112 | $5,537 | $7,392 |
Total Monthly Payment | $6,368 | $6,793 | $8,648 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.