Location, Location! Opportunity Knocks for Boat and Water Lovers. 40 Feet of New Bulkhead with Open Access to The East Rockaway Channel. Large 2 Story Home with Indoor Attached 2 Car Garage and Oversized Driveway. Home Needs Tender Loving Care. Tremendous Opportunity to Own Uniquely Located Home on The Water and Renovate Your Luxury Home. Two Story Home with Un- Obstructed Views of Miles of East Rockaway Open Channel. Located at the end of Lovely Wide Block. House Currently is an Oversized 3 Bedroom. Each Floor is designed with Open Floor Plans with Focused views of the Channel. Two Full & 1Half Baths, Vaulted Ceiling, Skylights, Woodburning Fireplace, Gas for Cooking and Heat. A Must See! This is a Unique Opportunity to Own a Fabulous Located Waterfront Home Just a to walk to the Award-Winning 96 Acres Bay Park w/9 Hole Golf Course with Multi Feilds Lighted Sports Feilds, Bicycle & Running Paths. Handball courts, Dog Run. Launch Your Boats, Jet Ski's, Fishing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $1,447 | $1,447 | $1,447 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,199 | $5,351 |
Total Monthly Payment | $5,792 | $5,738 | $6,890 |
* 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.