Rye oceanfront! Looking for the perfect getaway, or are you seeking an affordable living option? Look no further, 784 Ocean Boulevard provides many options for owner occupancy or investors. This pied a Terre has been completely updated and renovated by the current owner. The Breakers is a community of 15 dwellings plus an in ground pool, and perched above the ocean with direct oceanfront access and views. The self-managed association keeps costs low, while keeping the property clean and maintained. Unit #3 gets tons of natural light from the south and west. The flooring is low-maintenance ceramic tile, the walls are all a neutral white. The kitchen is all renovated and updated, with newer appliances. The 3/4 bathroom has a tiled shower and houses the stackable washer and dryer. The bedroom allows plenty of room for a king-sized bed, plus it has a big closet. There are custom blinds. Attached to the unit is your own private deck where you'll enjoy al fresco dinners, warm summer breezes and direct views of the ocean. There is storage under the deck for toys and garden tools. Parking for 2 vehicles plus guests. New mini split cooling system. Monthly condo fee plus assessment (7 year term): $226. 42. Includes master insurance, trash removal, plowing, pool, and water. Flood insurance = $1, 327/Year. New roof and exterior paint (2020), new septic (2018).
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $415,200 | $415,200 | $415,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $213 | $213 | $213 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,762 | $2,760 | $3,501 |
Total Monthly Payment | $3,067 | $3,065 | $3,806 |
* 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.