A luxurious beach front Rockaway Park apartment with stunning ocean views and all the modern amenities you could wish for. Beautifully and thoughtfully renovated from top to bottom with sweeping, unobstructed 5th floor views of the ocean, Jamaica Bay, the Manhattan skyline and the bridges to Brooklyn imparting a sense of serenity and urban appeal. Rejuvenate your soul and find your daily zen whilst catching the fresh ocean breezes on your own private balcony. Food prep is a breeze in the gorgeous new kitchen with glazed tile backsplash, white appliances and generous quartz countertops. The spacious L shaped living space with a sleeping nook could potentially be divided to create a separate bedroom. The abundance of closets provides ample storage, a valuable asset in any home. Being part of a well-managed building with super on site, beach showers, laundry room and bike storage adds an extra layer of convenience and security. This lovely Rockaway Park beach pad is conveniently located close to shopping and transportation and under an hour by ferry to downtown Manhattan and the perfect retreat for anyone who enjoys a balance of beach life with proximity to the city!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,571 | $2,017 |
Total Monthly Payment | $1,666 | $1,646 | $2,092 |
* 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.