Introducing this beautiful home on Ocean Avenue, this 5 Bedroom, 3 Bathroom Custom Hi-Ranch with attached 2. 5 car garage sits on a 80' X 100" Waterfront property. The original home was built 1957 as California Style Ranch with Cathedral Ceiling in every room. Being ahead of the curve this home was raised in 1993 and renovated into a High Ranch with 1993 Building Codes. All 2 X 6 walls, R-19 Insulation in all exterior walls, Pella & Anderson Windows and Sliding Doors. Elevation Certificate stating all living areas above minimum grade with transferable Food Insurance of approximately $1, 581 per year. New Bulk Heading ($67, 000), new Aluminum Ramp to Dock and the grade of this home was raised 1. 8', new 2 level deck, New 2 Zone heating and A/C and new hot water heater. 1St Floor Key Points: New Double Door Maintenance Free Mahogany Doors, Grand Foyer with Double Closets, Mahogany Floors, Full Bathroom with oversized shower with solid glass doors, 2 Bedrooms, HOME THEATER featuring 2 rows of motorized stadium seating, HD Projection on a Motorized 10' Concealed Dropping Screen, 5. 1 Digital Dolby Surround, a Game Room, Laundry/ Mud room with door to Deck & Yard. 2nd Floor Key Points: Open Floor Plan: Living Room with Linear Remote controlled Gas Fireplace, New Kitchen with new Kitchen Aid Stainless Steel appliances featuring Double Convection Ovens, Warming Oven, Wine Refrigerator, Walk In Pantry, Granite Counter Tops and Breakfast Bar & Slider to 2nd Floor Wrap Around Deck. Formal Dining Room with 2 Sliders to Wrap Around 2nd Floor Deck. Primary Bedroom with Full Bathroom and Walk In Closet, 2 Bedrooms and 1 Full Bathroom.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $1,466 | $1,466 | $1,466 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,675 | $6,304 |
Total Monthly Payment | $5,869 | $6,233 | $7,862 |
* 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.