Rare opportunity! Don't miss out on this already best priced home! Sellers are willing to contribute to a 2-1 rate buydown with an acceptable offer. With rates on the rise, this is your chance to secure a rate up to 2 points lower, reducing your monthly payment. This is a rare opportunity to enjoy luxury living while saving big! This exquisite 4-bedroom, 3. 5-bathroom residence offers over 3, 100 sq ft of luxurious living space. As you enter, you'll be captivated by the open floor plan and the abundance of natural light. The heart of the home is the updated kitchen, featuring elegant granite countertops, modern appliances, and ample cabinetry- perfect for the culinary enthusiast. The inviting living area seamlessly flows providing ample space for relaxation and entertaining. Retreat to the spacious master suite, complete with a lavish ensuite bathroom. The additional bedrooms are generously sized, providing comfort and privacy for family and guests Next, step outside to the covered lanai, where you can unwind and enjoy the serene surroundings. There's also a separate sitting area on the side of the house, perfect for a quiet retreat or intimate gatherings. Additional highlights include a 3-car garage, a new roof installed in 2019, updated downstairs HVAC, and a new upstairs HVAC system added in 2022. Experience the best of Fernandina Beach living in this remarkable home, combining elegance, comfort, and modern amenities in one of the area's most desirable communities. Don't miss this opportunity to make 96058 Bay View Dr your new address!
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Our Executive Mortgage Banker:
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$915,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $732,000 | $732,000 | $732,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $771 | $771 | $771 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,748 | $4,687 | $6,427 |
Total Monthly Payment | $5,611 | $5,550 | $7,290 |
* 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.