Outstanding location with ocean views from your own 21 foot balcony, and just steps from the beach & boardwalk! Bright, large Junior-4 co-op unit w/ alcove that was converted to 2nd bedroom/home office! Includes assigned outdoor parking spot on premises! Luxury building with elevator, laundry on each floor, gym, party room, bike storage, & in-ground-pool. This Unit is on the top (6th) floor and has been freshly painted. Spacious living room & generous-sized dining area with brand new luxury vinyl flooring. Lovely kitchen with stainless steel appliances. Lots of closets. Large Primary bedroom w/ walk-in closet plus additional closet. Unit offers a full bathroom & half bathroom. Close to all that Long Beach has to offer with lots of restaurants, bars, & parks, the gorgeous beach on the ocean, and a train to NYC or the Hamptons. Maintenance Fee includes taxes, heat, hot water, gas cooking, water, pool care, ground care, common area costs, exterior maintenance, snow removal, sewer, trash collection, and building flood insurance. Board approval required. Building requires minimum of 10% down. There is no flip tax.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $2,731 | $2,728 | $3,498 |
* 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.