The Perfect Ranch Style Home in the Coveted Newport Beach Associated Beach and Boating Community. HOA of $150 Per Year Grants Access to the Private and Gated Bay Beach, Marina and Playground Just a Moment Away. The Home Sits Privately on a Grand Corner Property Boasting 3 Spacious Bedrooms and 1 Full Bath with Tub on the Main Level. The Kitchen is Eat-In with Granite Countertops, All Stainless Appliances and Pantry. Laminate Flooring in Main Living Areas. Brand New Carpeting in Bedrooms. The Garage was Legally Converted to a Large Den and Closet for Additional Living and Storage in 2004. A New Roof and Solar System Added in 2017. The Solars Service the Entire Home and Pool and are Fully Owned Outright Providing Extremely Low Energy Costs. Vinyl Cedar Impression Siding 2017. Central Air Throughout 2022. New and Newer Windows. The Basement is Full with Bonus Space. The Backyard is Huge and Great for Entertaining with Room for All. Ample Rear Deck Off Home for Lounging and Dining. The In Ground Pool is 16 x 36. Liner and Cover 2013. The Yard is Fully Fenced-In and Perfect for Pets. All Just Moments from Town with Great Shoppes and Restaurants. Enjoy the Close Proximity to the Hamptons and Easy Commute to Highways. Make This Home Yours!, Additional information: Appearance: Charming, Interior Features: Lr/Dr, Separate Hotwater Heater: Y
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $559,999 | $559,999 | $559,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $981 | $981 | $981 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,726 | $3,726 | $4,763 |
Total Monthly Payment | $4,799 | $4,799 | $5,836 |
* 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.