Direct ocean views! Beautiful garden style condominium at Ocean's Edge featuring 1 level living with 2 bedrooms and 2 baths. Spacious kitchen features upgraded quartz countertops and backsplash, a center island with seating, stainless steel appliances and quality cabinetry. Abundant light fills this open concept kitchen, dining and living room design. Relax in the comfortable living room with a stylish stacked stone oversized electric fireplace and access to the balcony. Enjoy the ocean views from the balcony! Primary bedroom suite consists of a walk in closet, double sinks, and custom tile shower. The 2nd bedroom, full bath and laundry room complete the floorplan. Interior highlights are oversized windows, 12 ft Andersen Coastal Impact sliders, 9 ft'+-high ceilings and high efficiency HVAC system with central air. Ocean’s Edge provides a centrally located elevator, two sets of stairs, secured building and a fabulous oceanfront gathering room. This condo includes 1 interior garage parking space and 1 outdoor parking space. Visitor parking in gravel on south end of lot. This landmark community is sited on over 4 acres at the base of Boar’s Head at Rocky Bend. From this location, you can walk on the sidewalk to the quiet North Beach, or to all the fun at the Main Beach. Ocean's Edge is truly a cut above every other oceanfront building in town. Owners may have a dog 50# or less.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,920 | $639,920 | $639,920 |
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 | $904 | $904 | $904 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,420 | $4,311 | $5,443 |
Total Monthly Payment | $5,416 | $5,307 | $6,439 |
* 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.