Rare Opportunity in Hawks Nest! Discover your own slice of beach life with these two updated beach cottages on one parcel! Perfectly situated just steps from the shore (240 feet). Ideal for those seeking a tranquil escape or an investment opportunity in a private beach community, these properties offer a blend of classic charm and modern convenience. The main cottage offers a cozy open concept with 1136 square feet of living space with four bedrooms. Enjoy your waterview while having your morning coffee. The second cottage offers 432 square feet with an additional 122 sf front porch that consists of one bedroom, can easily sleep four. Both cottages have new roofs, new windows, new enclosed porches & high end vinyl siding. Enjoy beach life while someone else offsets your expenses or keep one cottage for yourself, one for family & friends or rent out both. Rental potential is $2, 895 & $1, 500 per week. Endless possibilities! Both cottages are situated in a prime location, offering easy access to sandy shores and sparkling waves. Enjoy morning strolls along the beach and lazy afternoons in the sun. Nearby amenities include a beach store and recreational activities. Whether you're looking for a tranquil retreat, a vacation home, or a lucrative rental opportunity, these seasonal beach cottages offer unparalleled charm and value. Don't miss your chance to own a piece of beach life at its finest!
Type | Level |
---|---|
Bedroom 1 | Main |
Bedroom 2 | Main |
Bedroom 3 | Main |
Bedroom 4 | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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NMLS Mortgage Loan Originator ID 81725
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** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,257 | $4,253 | $5,397 |
Total Monthly Payment | $4,867 | $4,863 | $6,007 |
* 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.