If you don’t want to live in a large condominium building and prefer a boutique building offering a unit that resembles a home, this is perfect. It is just like a house in the sky. There are only 33 units in Bayshore Regency. Once you step off the elevator that enters directly into foyer of the unit, you feel like you walked into a home. The only way to access the elevator to your unit is with your fob or the guard on duty will send guests or workers to your unit after they receive your ok to send them to your unit. This unit is being sold furnished. The rooms are large, and the condo is lovely. The condo offers 3 large bedrooms, 3. 5 newly appointed bathrooms, 2 new air conditioner units, The large laundry room with washer and dryer has a built- in ironing board. There is a spacious family room adjoining the kitchen area. The office area is surrounded with glass walls facing the bay, creating a nice environment for working. The living room has a wood burning fireplace. There are 5 balconies in this unit. There are two off the living room one off the master bedroom, one off the kitchen and one off the family room.
Your unit comes with two conveniently located (near the entrance elevator) parking spaces in a well-lit gated garage. There is a storage unit, bicycle racks, and grocery carts located in the garage area
The lobby area includes a formal library, a living room area with a self-playing concert grand piano. The guard is on duty in this area. Two guest suites are available for your guests. The common area includes a fully equipped gym, game room with pool/ping-pong table, two tables for playing cards or doing puzzles, and a catering kitchen. There is a clubhouse with a catering kitchen and outdoor BBQ grill. This is a perfect place for parties where guests can sit on the wrap around porch in rocking chairs to enjoy the gardens and view of Bayshore. The heated pool is delightful and there is a hot tub to help you relax. There is a tennis and pickle ball court. Bayshore Regency offers on- site management and 24 hours and 7 days a week security guard and concierge personnel. There is an assessment of $2, 727 per quarter for 18 quarters. The owner has agreed to pay the balance of the unpaid assessment at the time of closing to Bayshore Regency.
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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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,553 | $1,553 | $1,553 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,634 | $6,634 | $9,096 |
Total Monthly Payment | $8,312 | $8,312 | $10,774 |
* 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.