Welcome to the Ocean Access community of Kitching Cove! This home sits on a beautifully landscaped . 47ac corner lot with private deeded dock, 12K boat lift & pool. 1st floor features open kitchen w/ white cabinets & Quartz countertops & 3 bedrooms, master bedroom with walk-in closet, private bath & 2 bedrooms with shared full bath. 2nd floor features 2 bedrooms & open living room with bar, balcony, & beautiful water view of Kitching Cove. Extra-large master suite with 2 walk-in closets, private bath & balcony facing backyard & pool. 2nd bdr enjoys an ensuite bathroom. New vinyl wood flooring & newly painted on both levels. Kitching Cove is a well-known ''safe harbor'' for boaters & is just 20 minutes to Ocean with no fixed bridges. Come enjoy the good life in this great boating community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,159,500
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $927,600 | $927,600 | $927,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $967 | $967 | $967 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,940 | $6,016 | $8,144 |
Total Monthly Payment | $7,032 | $7,108 | $9,236 |
* 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.