This property description highlights the unique features of a waterfront home, ideal for use as a vacation home or Airbnb rental. This 2 bedroom, 2 bath home has been freshly painted and new LVP flooring has been installed throughout. The kitchen is equipped with a gas stove. It comes fully furnished, including a washer and dryer. Key water features include a vinyl Shoreguard bulkhead, two covered boathouses with electric lifts, wide boardwalks, and a party deck over one boathouse. Additionally, there's a two-car carport, and the total area under the roof is 1700 sq ft. Major system improvements have been made, including the boat lifts, dock, HVAC system, water heater, gas stove, and a new roof. The property is located on a high bluff in flood zone ''X, '' which means no flood insurance is required.
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,900
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 | $180,720 | $180,720 | $180,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $147 | $147 | $147 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,202 | $1,201 | $1,524 |
Total Monthly Payment | $1,424 | $1,423 | $1,746 |
* 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.