NOT IN A FLOOD ZONE! High and dry and located in Flood Zone X! Welcome to this meticulously updated and maintained mid-century modern home located in the highly desirable Palma Ceia West neighborhood. Upon entry, you are welcome to updated wood laminate floors and ample light through the spacious living room's plantation shutters. The house seamlessly flows into the the dining area and adjacent kitchen which includes ceramic tile floors, granite countertops, stainless steel appliances, designer tile backsplash, and under cabinet lighting. The adjacent dining area serves dual purposes with room for an office setup. The large primary includes ample closet space and a primary bath with dual vanity sinks and a walk in shower with frameless glass door. Two guest beds share a bath which includes subway shower tile and quartz vanity. The rear screen in porch is a host's dream with ceramic tile, wood beam ceiling, surround sound speakers and built in fans. The large backyard, one car garage, Nest camera system, and oversized lot make this an unbeatable opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$790,000
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 | $632,000 | $632,000 | $632,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $827 | $827 | $827 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,152 | $4,200 | $5,330 |
Total Monthly Payment | $5,071 | $5,119 | $6,249 |
* 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.