This turnkey, fully furnished home, constructed in 1998, is situated within the gated, guarded, and oceanfront community of Hammock Dunes. The open floor plan is ideal for entertaining and incorporates indoor/outdoor living. The home features three bedrooms, two full bathrooms, a two-car garage, 24-hour security, and direct beach access within the community. The kitchen boasts a spacious walk-in pantry with a breakfast counter overlooking the adjacent lake. The common areas feature vaulted and beamed ceilings. Landscaping is not a concern, as the community provides maintenance, allowing residents to enjoy the community amenities. The home is equipped with ceiling speakers for enhanced entertainment. Additionally, the community offers two 18-hole golf courses, two clubhouses, tennis, pickleball, bocci, oceanfront croquet, a state-of-the-art gymnasium with trainers and classes, a magnificent pool, and casual and fine dining options.
Equity membership in this property is available but is not included in the sale price. This home is sold “As Is” under the direction of Cumberland Trust and Investments.
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$789,000
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 | $631,200 | $631,200 | $631,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $687 | $687 | $687 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,253 | $5,412 |
Total Monthly Payment | $4,978 | $5,032 | $6,191 |
* 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.