Charming single family attached 2 bedroom and 2 bath home with single car garage. This home sits on an elevated site and is an easy to maintain block and stucco home. High celings and kitchen open to the living area and rear screened porch gives good outdoor views. Front door has storm door with screen for those months the air is cooler and can flow through this home. Shangra-La Village is small and private with no through traffic. A small gated courtyard offers an attractive entry way to the front door. The owner replaced the roof in Febuary of 2023, HVAC was new in October 2022. Refrigerator replaced in October 2021 and stove July 2023. Primary bath is very netural color tile and glass shower enclosure. 2nd bathroom has neutral tile and tub/shower combo. Annual HOA fee is $100. 00. Kitchen has tile countertops and good cabinet storage. Easy access from the kitchen to the garage for unloading shopping bags. If you like to walk with very little traffic this small community is easy to manage. The location is approxmately 3 blocks from the River. Edgewater offers a public boat ramp as well as walking and biking path along Riverside Dr. The local YMCA is located 3 blocks west of this small community as well as local resturants. the beach is 25 +/- minutes east for those who enjoy the surf and sun.
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $22 | $22 | $22 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,314 | $1,687 |
Total Monthly Payment | $1,428 | $1,411 | $1,784 |
* 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.