Commercial property! Prime location on Highway 44 with B3 / Mixed Use & Residential Zoning, presenting an incredible opportunity for a live-work arrangement, home business or rental investment. This property has 82 feet of Frontage along Highway 44 with a generous side yard offering endless possibilities. Situated in a high-traffic area with exceptional visibility, this property has convenience & potential. Perfectly positioned across from a busy shopping center, the location speaks for itself! Recently renovated, 104 Fran is ready to move into with its new updates and fresh appeal.
Enjoy the perks of a Commercial Property while living in a beach community, just moments away from shopping amenities, restaurants, a mere 2-mile drive to I-95 for effortless commuting or a short distance for a day at the beach. Whether you're looking to establish a business, create a welcoming home, or explore investment opportunities, this property offers the perfect canvas to realize your vision.
Don't miss out on this rare chance to secure a versatile property in a highly sought-after location. Schedule your showing today and envision the endless possibilities awaiting at 104 Fran Dr!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $176 | $176 | $176 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,576 | $2,023 |
Total Monthly Payment | $1,847 | $1,827 | $2,274 |
* 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.