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Under contract-accepting backup offers. Absolutely turn key investment property or primary residence. The home has been styled to blend nostalgic 70s beach house vibes with modern amenities to create a perfect investment or personal haven. LVP flooring throughout, quartz counter tops and a coffee bar add to the function and style. In 2023 the home grossed just over $50, 000 in revenue in 10. 5 months and is on pace to best that total in 2024. The home features a new metal roof and AC, both just over 1 year old, along with the pool heater to give you peace of mind with all the major mechanicals. A bonus shed detached from the house makes for a perfect home office or its current use as a game room with a wifi extender, LVP flooring, insulation, AC and TV already there. Indoor laundry, fenced in back yard and no flood insurance required are just a few more reasons to love this home as a primary or investment property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $335,200 | $335,200 | $335,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $309 | $309 | $309 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,230 | $2,228 | $2,874 |
Total Monthly Payment | $2,614 | $2,612 | $3,258 |
* 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.