The perfect combination of old and new! This 1950's home will be beautifully renovated, while keeping some of the magnificence and beauty from the original home on over 1/2 acre lot in the heart of NSB. The current home is 2272 sf , not including the basement. There is also a 540 sf attached in-law suite making it 2812 sf total. The renovation has been started and should be completed in October. The exterior renovations will include a brand new metal roof, new impact windows, a stucco finish, new landscaping, new irrigation system, new garage doors, huge deck(s) and courtyard, fenced yard, new soffit and gutters, and so much more! The interior of this 3 bedroom, 2. 5 bath home will include a brand new chef's kitchen with a huge island, beautiful original hard wood floors, new bathrooms, all new plumbing/drain lines, new electrical, new HVAC and ductwork, beautiful tile work, office space, fireplace, and more. Did I mention the basement? It's the perfect place for a home gym, playroom, office. . . the uses are endless! Buy now to have the opportunity to pick out your finishes! Just a short walk or golf cart drive away is all of the fantastic restaurants, shopping, and weekly events that Canal St has to offer. . . and the beach is just a short 5 minute drive!
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Our Executive Mortgage Banker:
Our Insurance Division:
$990,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $792,000 | $792,000 | $792,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $872 | $872 | $872 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,876 | $4,876 | $6,683 |
Total Monthly Payment | $5,840 | $5,840 | $7,647 |
* 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.