Welcome to this meticulous 2-bedroom, 2-bathroom in the Ocean Colony condos of Rockaway Park. Perched on the second floor, this home offers a blend of luxury and convenience, perfect for urban beach living. Step inside to discover gleaming hardwood floors that flow throughout the spacious living area. The kitchen is a chef's delight, featuring granite countertops and stainless steel appliances, making meal preparation a joy. The oversized counter is perfect for entraining guests and if open to the living room and dining space. The private terrace provides the perfect spot to enjoy your morning coffee or unwind after a long day, with the soothing sound of the ocean in the background. This condo boasts ample closet space, ensuring you have plenty of storage. In-unit washer and dryer added for your convenience. Central AC and heating will keep you comfortable year round. Additionally, the unit comes with a private garage for storage and parking, plus an extra parking spot for your convenience. Living in Ocean Colony means being close to everything you need. Shops, restaurants, pubs and cafes are a stones throw away. Public transportation is easily accessible, and the ferry to Brooklyn and Manhattan is just a short distance away. Plus, JFK International Airport is only 25 minutes away, making travel a breeze. Don?t miss the opportunity to own this beautiful condo in one of Rockaway Park's most sought-after communities. Schedule a viewing today and make this seaside sanctuary your new home.
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Our Executive Mortgage Banker:
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$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $572 | $572 | $572 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $3,303 | $3,300 | $4,070 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.