This 1 bedroom, 1 owner, Oceanfront condo has been totally renovated in 2020 - COREtec flooring, flat ceilings, painted throughout, granite counters, SS appliances, W/D, Tankless Hot Water Heater, absolutely turn key! Elevator makes bringing luggage and groceries up so easy. Comes furnished. Overlook Private Pool (residents/guests of Northhampton and Ocean Cottages only) The Oceanfront views are breathtaking. Watch the dolphins swim by, the pelicans fly by and enjoy the peace and serenity that only the ocean can impart. The sunrises and sunsets on this end of Fripp are magnificent. Enjoy breakfast/lunch at the Grill, walk to the OP golf course for a round in a tropical setting, with the 9th hole overlooking the Atlantic Ocean. Make an appointment to see this unique villa today. From front door of 728, Views of 18th hole/Fripp Inlet. Great rental potential! Great price for Oceanfront!
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$429,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $343,200 | $343,200 | $343,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $198 | $198 | $198 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,283 | $2,255 | $2,894 |
Total Monthly Payment | $2,556 | $2,528 | $3,167 |
* 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.