Nestled near the tranquil waters of Harbor Drive in Shippan, this updated 2 bedroom, 2. 5 bath unit is the epitome of serene, waterside living at Schooner Cove. Spread across two thoughtfully designed levels, this home provides a perfect blend of intimate privacy, airy open space and marina views. The well-appointed kitchen, complete with stainless steel appliances and generous quartz counter space, is a culinary dream. Its seamless flow into the living area makes it perfect for easy entertaining, while staying connected with guests or family. Adjacent to the kitchen, the dining area is a lovely space to savor meals and a perfect setting for everything from intimate dinners to casual gatherings. The spacious main level primary bedroom suite is a serene retreat with double closets and updated en-suite bath. The living room is large, light-filled, includes a wood-burning fireplace and sliders to a patio. The patio overlooks well-manicured grounds with a beautiful view of the marina. An additional main level room can serve as an office or home gym and there's also a half bath. Completing the first level living is a stackable washer/dryer adjacent to the kitchen. The second floor guest bedroom is equally inviting, offering ample space, updated en-suite full bath and two closets. Monthly HOA includes heat, hot water, two unassigned parking spaces and pool access. Recessed lighting and majority of other updates have been made over the past two years. SUNDAY (1/19) OPEN HOUSE 12-2P.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Bedroom Suite,Full Bath,Laminate Floor,Tile Floor,Tub w/Shower | 15.0 x 11.0 | Upper |
Dining Room | Laminate Floor | 10.0 x 12.0 | Main |
Kitchen | Remodeled,Quartz Counters,Laminate Floor | 12.0 x 8.0 | Main |
Living Room | Fireplace,Patio/Terrace,Sliders,Laminate Floor | 13.0 x 16.0 | Main |
Office | Laminate Floor | 11.0 x 9.0 | Main |
Primary Bedroom | Remodeled,Bedroom Suite,Full Bath,Stall Shower,Tile Floor | 17.0 x 11.0 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $383,200 | $383,200 | $383,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $535 | $535 | $535 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,517 | $2,547 | $3,232 |
Total Monthly Payment | $3,127 | $3,157 | $3,842 |
* 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.