Discover a fantastic income-producing opportunity with a tenant already secured until December 31st. This property offers an immediate return on investment, making it an ideal choice for investors seeking steady income. Capitalize on this ready-to-go investment and watch your portfolio grow—one-month minimum lease term.
Just three blocks from the OCEAN, this enchanting coastal haven is the perfect setting for your seaside dreams. It features 3 bedrooms and 2 bathrooms and spans 1, 284 square feet, providing ample space for comfort and style. The owners' Bedroom and Bathroom are on the first floor! The home includes a convenient one-car garage with a newly installed door. Recently refreshed, the exterior boasts a new coat of paint, presenting a contemporary and welcoming appearance. The driveway and backyard are newly paved, ideal for hosting gatherings. The home's durability is assured with a roof that was replaced in 2018 and a new air conditioning system for year-round comfort. Inside, the home has been tastefully updated with new paint and flooring in the bedrooms and upstairs, adding to its charm and warmth.
The kitchen is outfitted with the latest appliances and vaulted ceilings enhance the spacious feel of the home. Importantly, there are no HOA fees, giving you more freedom and flexibility.
This property is more than a home; it's a lifestyle choice for those dreaming of coastal living without compromise. Available documentation includes a features sheet, property disclosure, and a floor plan. For access to these documents, please contact us or your real estate professional. Don't let this dream coastal home slip awaymake it your own paradise today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,000
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 | $543,200 | $543,200 | $543,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,614 | $3,610 | $4,581 |
Total Monthly Payment | $3,706 | $3,702 | $4,673 |
* 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.