There is nothing better than Island Life, and 43 Menendez is perfectly nestled between the charm of downtown and the beauty of the beach. In neighborhood of beautiful homes built throughout the decades, this newer construction three bedroom, two bath sits at high elevation with no history of water intrusion. Built by Entire Construction, the fully furnished home is intelligently designed for spaciousness, entertaining and a relaxed outdoor lifestyle. The first floor great room opens to the dining area and designer kitchen with wood shaker cabinets and quartz countertops. Wood-toned flooring throughout lends to ease of maintenance. Beyond the kitchen is and oversized, fully fenced backyard with pool. The master suite, also on the first floor, leads out to the backyard. Upstairs offers two additional bedrooms with shared bathroom and a bonus area for lounging or office space. Meticulous maintenance of both interior and exterior systems of this home are apparent, and the next owner is certain to enjoy the same pride of ownership. The location offers the farmer’s market, music venues, restaurants, a short bike ride to the beach, tennis, boating access, the skate park, and more all within a mile of your front door. Currently operating as a successful vacation rental, the zoning allows for flexibility - this home could also be an amazing primary residence, long term rental or second home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$779,000
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 | $623,200 | $623,200 | $623,200 |
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 | $747 | $747 | $747 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,146 | $4,199 | $5,343 |
Total Monthly Payment | $4,985 | $5,038 | $6,182 |
* 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.