Welcome to this exceptional home located on highly sought after City Island! A vibrant nautical community! Just steps from the beach, this cozy & inviting home offers the perfect blend of comfort, privacy & convenience. This home exudes warmth & charm, w/ cozy rooms & plenty of natural light. Set on a generous 50' x 95' lot, this multi-level gem boasts a layered layout with two floors, an attic, walk-out basement & subbasement. Enter into an intimate living area, flowing right into the eat-in kitchen, & out to a wide deck space coupled with an expansive private backyard & above ground pool. This space is ideal for hosting gatherings or simply relaxing & enjoying the beautiful outdoors. Additional attic and basement spaces provide for ample storage & potential to customize for added living area. Plus, a 2-car driveway for secure & ample parking. Don't miss the opportunity to experience the best of beachside living in this welcoming nautical community. Schedule YOUR showing TODAY!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$620,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $496,000 | $496,000 | $496,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $486 | $486 | $486 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,384 | $3,297 | $4,183 |
Total Monthly Payment | $3,962 | $3,875 | $4,761 |
* 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.