LOCATION LOCATION LOCATION - This is a once-in-a-lifetime opportunity to grab a piece of oceanfront luxury at Lido Beach. These ground level ocean front units are rarely available. This beautifully appointed 1 bedroom, 2 bath condo offers an idyllic retreat with breathtaking oceanfront views. The interior features a modern layout, ready for immediate occupancy. There are no units like these anywhere up and down Long Island. Your large ground-level one-bedroom features a newly refinished patio facing the Atlantic Ocean. Your parking spot will be about 8 feet away from your rear patio. ***The unit includes a convenient parking space, located just steps from the rear patio. You will enjoy access to a white sandy beach and a heated pool, enhancing the appeal of this serene community. This condo presents an exceptional opportunity to experience the vibrant and diverse lifestyle of Lido Beach. The pool, the clubhouse, and the beach - are favorites for everyone of all ages to enjoy. , Additional information: Interior Features: Lr/Dr
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $465,600 | $465,600 | $465,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $654 | $654 | $654 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,216 | $3,137 | $3,961 |
Total Monthly Payment | $3,962 | $3,883 | $4,707 |
* 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.