Welcome to Parkville Promenade Condominiums at 702 Ocean parkway unit 3B, built in 2004, this 8 story 15-unit building is situated in the charming neighborhood of Kensington. This 3rd floor 2-bedroom 2 bath unit boasts contemporary design with extra-large windows, wide balconies and a communal roof deck. As you step out of the elevator that opens directly into your unit you are welcomed by the expansive open concept Living-Dining area. The spacious open-concept kitchen is a culinary haven equipped with stainless steel appliances, quartz countertops and ample storage. The kitchen flows seamlessly into the living and dining area, which open onto your private balcony which is perfect for indoor-outdoor entertaining.
The primary bedroom consists of his and her closets, a private balcony and an ensuite bathroom with glass shower doors and marble tiles. The second bedroom has an oversized picturesque window and extra-large closets complemented by an additional marble full bathroom. This unit has the convenience of offering in-unit laundry and hardwood floors throughout.
The unit was freshly painted and is move in ready, a must see!!
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$639,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
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 | $511,200 | $511,200 | $511,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,358 | $3,358 | $4,279 |
Total Monthly Payment | $3,450 | $3,450 | $4,371 |
* 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.