THE BEACON AT GARVIES POINT | GLEN COVE. This bright two bedroom, two bathroom home features 12' ceilings and a balcony. This expansive layout features an open kitchen with views of the tree lined Garvies Point Preserve. The gourmet kitchen complete with custom paneled GE appliances has white Brazilian quartzite countertops and a kitchen island with a Kohler under-mount sink, Insinkerator garbage disposal and instant filtered hot and cold water faucet. A GE Monogram 6 burner gas range is equipped with dual infrared cooking and is fully vented. The white Siena flat paneled cabinets and a Sharp easy touch drawer style microwave complete the space. The spacious primary bedroom features custom walk in closet with French doors and an en-suite 4-fixture primary bathroom with white marble floors, countertops and full height porcelain tiled walls, a glass enclosed shower and a double vanity with all Kohler fixtures. The fully equipped laundry room includes stackable front loading washer and dryer. The Beacon at Garvies Point is perfectly situated in North Shore's most dynamic new community, set in a 56-acre picturesque waterfront and adjacent to a 62-acre serene nature preserve. The Beacon is comprised of 167 one, two and three bedroom condominium residences within 1 hour of Manhattan. Exclusive residential services & amenities feature a 24-hour concierge, a landscaped courtyard and viewing garden, outdoor kitchens, outdoor pool, state-of-the-art fitness center, yoga studio, library, lounge, card room, game room, dining/party room with prep kitchen and a 32 person screening room. Garvies Point development is a Smart Growth, mixed-use community located along the shores of Hempstead Harbor in Glen Cove, Long Island. The development provides generous expanses of high quality open space for residents and visitors to enjoy. , Additional information: Appearance: Excellent
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $1,757 | $1,757 | $1,757 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,131 | $5,557 | $7,419 |
Total Monthly Payment | $7,013 | $7,439 | $9,301 |
* 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.