PRICE ADJUSTMENT for 2-bedroom, 1-bath condo at Hampton is a delightful retreat in a prime coastal location. Situated within the North Beach Condo Association, the condo offers a perfect blend of comfort and convenience. The condo boasts easy access and is just a short walk from the picturesque North Beach, making it an ideal spot for beach lovers. You’ll enjoy the simplicity of a leisurely stroll to the sand and surf, with the beach practically at your doorstep. Inside, the condo is well-appointed and cozy, providing a welcoming atmosphere for relaxation. The unit features two comfortable bedrooms and a well-designed bathroom, offering ample space to even work at home. Owners have the added benefit of bringing along one furry friend, ensuring that no member of the family has to be left behind. For added convenience, there is one designated parking spot for the condo, making it easy to come and go without the hassle of finding parking. One of the standout features is the private, heated pool that residents can enjoy. Whether you’re looking to take a refreshing dip or just relax by the poolside, it’s a wonderful amenity for cooling off on warm days. The condo is part of a 31-unit community, and one of its attractive features is that owners have the option to rent it out by the week if they choose. This flexibility can be a great advantage for those looking to generate rental income or simply make the most of their investment. Open House SUNDAY 1-3PM September 15th.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,799 | $1,799 | $2,339 |
Total Monthly Payment | $1,874 | $1,874 | $2,414 |
* 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.