Charming Waterfront Bungalow in Broad Channel Nestled in the heart of Broad Channel, this delightful single-family bungalow offers the perfect blend of tranquility and convenience. Located right on the water with direct access, this property is a dream for fishing and boating enthusiasts. With its proximity to the vibrant Rockaway Beach, you’ll enjoy both serene waterfront living and lively coastal adventures just minutes away. This cozy 1-bedroom home features a spacious living room, perfect for relaxing or entertaining, with ample potential to add a second bedroom. Additionally, an eat in kitchen, full bathroom and laundry room along with convenient parking in front are just some of the great features of this home. Whether you’re looking for a peaceful retreat or a vibrant lifestyle close to the water, this bungalow provides endless possibilities. Don’t miss the chance to make this waterfront gem your own!
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$329,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $263,200 | $263,200 | $263,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $150 | $150 | $150 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,773 | $1,749 | $2,220 |
Total Monthly Payment | $1,998 | $1,974 | $2,445 |
* 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.