6 Seafoam Walk is a very well maintained 3 bedroom beach house in the quiet Ocean Ridge section of Davis Park Fire Island. The open floor plan living area is a perfect design for enjoying the cool ocean breezes. There is a full bath on the first level along with three bedrooms. There is also an exterior 1/2 bath coupled with a large outdoor shower all on a private rear deck. Because the home is elevated, you are able to enjoy the ocean breezes on the large front deck just off the living room. Under the home and elevated off the ground is a massive storage and utility room. Electric panel, hot water heater, washer/dryer and huge storage is all there. Dry, plenty of head room and well lit plus outlets for working are all in place. Electric and utilities have been recently upgraded. Don't let another year go by without being an owner of a Fire Island slice of heaven!! Prices in neighboring beaches are rising beyond affordability. Davis Park prices are increasing steadily however the cost is still in reach. Don't hesitate on this home. Don't be the person who says, years from now "I should have bought". Prices are only going higher and fair market value exists now. , Additional information: Appearance: Diamond, Separate Hotwater Heater: y
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $615,200 | $615,200 | $615,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $366 | $366 | $366 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,249 | $4,145 | $5,233 |
Total Monthly Payment | $4,707 | $4,603 | $5,691 |
* 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.