COME ENJOY YOUR DREAM HOME ON THE OCEAN- ONLY . 3 MILES FROM THE FAMOUS RITZ CARLTON RESORT! This great home is ready for a new owner who enjoys walking on the beach and living the lifestyle of a rockstar. A great layout for the family who needs space and privacy. Downstairs there is a spacious bedroom and bathroom- perfect for the mother-in law or young adult who likes separation. On the main floor, there is a wide open kitchen with ocean views, a large porch area, laundry room and a half bathroom for guests. In addition, there is a large living room perfect for family dining and entertaining. On the upper floor, there are 3 bedrooms with en suite bathrooms. The primary has a separate area with its own vanity and plenty of closet space. All of the other bedrooms are spacious and have ocean views! This home has one of the largest lots at the beach- . 85 acres and a massive walkway to the ocean. Enjoy the pool on those warm summer days! Perfect for the investor who likes AIRBNB properties
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $718 | $718 | $718 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,628 | $18,161 | $24,777 |
Total Monthly Payment | $19,471 | $19,004 | $25,620 |
* 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.