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MOST AFFORDABLE 55+ LIVING IN MARTIN COUNTY - This 1 Bedroom/ 1 Bathroom home is move in ready! New Floors 2023, New Pipes from Bathroom back to Sewer w access trap, Metal Roof re sealed 2023, New ceiling in Kitchen. The small 2nd Bedroom has been converted to a large walk-in closet but could be turned back into an office. The side screen room has a full size washer/dryer. CORA-WIN COVE is a CO-OP 55+Community of 97 homes minutes to Ocean Beaches, Shopping, restaurants & entertainment. Monthly CO-OP Fee is $170. 00 & includes water, sewer, trash removal & Lawn Care. There is a Clubhouse where residents can enjoy gathering to play cards or other activities. YOU OWN THE LAND AS A PART OF THE CO-OP. Pets, 25 lbs or less are allowed w prior permission of the Board of Directors. CASH ONLY
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$65,000
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 | $52,000 | $52,000 | $52,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $52 | $52 | $52 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $350 | $350 | $449 |
Total Monthly Payment | $477 | $477 | $576 |
* 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.