Discover the perfect blend of beachside living and a smart investment at this 2-bedroom, 2-bath condo in the sought-after 25 Crossing Circle, Boynton Beach, FL! ?? Prime Location: Just minutes from the stunning Florida coastline, this condo offers the ultimate convenience of being near the beach, shopping, and dining, making it highly desirable for residents. Investor-Friendly: Currently rented, this property is a fantastic opportunity for investors looking to expand their portfolio with immediate rental income. The area’s demand for rental properties remains high, thanks to its proximity to the beach and local amenities. The community offers resort-style amenities, including a pool, tennis courts, and a clubhouse, enhancing the property's appeal for both residents and renters alike. Whether you’re an investor seeking a reliable income stream or someone looking for your own coastal retreat, this condo offers the best of both worlds!
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$234,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $187,200 | $187,200 | $187,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $194 | $194 | $194 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,244 | $1,605 |
Total Monthly Payment | $1,546 | $1,513 | $1,874 |
* 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.