CHARMING COASTAL RETREAT WITH POOL & INCOME POTENTIAL IN HISTORIC PASS-A-GRILLE
The main house features 2 spacious bedrooms, all on one level, offering a comfortable and functional living space complete with a wood burning fireplace and wood floors throughout. There is a detached 1-bedroom, 1-bath apartment located above the 2-car garage, perfect for guests or rental income. Additionally, there is a studio with a full bathroom on the garage level, ideal for an artist's retreat. home office or an additional rental opportunity. There is a sparkling pool creating a natural division between the main home & the gueat quarters. Whether you are seeking a private residence with space for friends & family or planning to offset your costs with rental income, this property delivers. Located just a short walk to the secluded beach & intracoastal waterway. PLEASE BE AWARE: The Property Sustained Water Damage From Hurricane Helene and has been Remediated and is ready for renovation or redevelopment. ***The Apartment above the garage was not affected by the Hurricane and can be your accomodations as you renovate. . . or it can be rented to generate income during that time. Schedule your showing today & start living the Beachside Dream!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,372 | $1,372 | $1,372 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,486 | $6,403 | $8,780 |
Total Monthly Payment | $7,983 | $7,900 | $10,277 |
* 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.