Come see the cutest cottage at Chase's Ocean Grove! Just a 2 minute walk to the private association beach, this 445 square foot cottage has 2 bedrooms, a roomy kitchen, living room/dining room and bathroom, this cottage has the look and feel of a house. Completely renovated in 2021, the kitchen features white cabinets, faux granite laminate countertops, tile backsplash, stainless refrigerator, and a new stove. The main living space has modern tile flooring for easy cleanup from those days at the beach while the bedroom floors are hardwood laminate for that at-home feel. The private outdoor space has a maintenance free composite deck with in-ground deck lighting. Stylish deck furniture complement the deck as well as a grill and picnic table to enjoy your meals. This is being sold fully furnished with the exception of a few personal items. Chase's Ocean Grove is a seasonal resort that is open from April-October. Pets are allowed. Land lease is paid yearly as well as an annual fee which covers basic cable, beach, and road maintenance. Chase's has the right of first refusal upon seller receiving an offer. Land lease has been paid for 2024.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring: Laminate | 13.0 x 22.0 | First |
Kitchen | Countertop(s): Laminate,Flooring: Tile,Stove(s): Gas | 13.0 x 22.0 | |
Living Room | Flooring: Tile | 13.0 x 22.0 | |
Master Bedroom | Flooring: Laminate | 13.0 x 22.0 | First |
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $143,920 | $143,920 | $143,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $958 | $957 | $1,234 |
Total Monthly Payment | $1,033 | $1,032 | $1,309 |
* 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.