Welcome to your coastal retreat in Summerhouse Beach and Racquet Club! This exquisite 2-story, 2-bedroom, 2. 5-bath townhome has been beautifully remodeled, offering a perfect blend of modern luxury and relaxed beachside living. As you step inside, you'll be greeted by an inviting open-concept living area with brand-new flooring that extends throughout the home. The spacious living room is ideal for entertaining or relaxing, while large windows frame stunning views of the ocean and the sparkling pool. The heart of this home is its gorgeous, recently updated kitchen. Featuring sleek stainless steel appliances, elegant countertops, and ample cabinetry, it’s a chef’s dream. Upstairs, the primary suite is a true sanctuary with its beautifully remodeled bathroom with a large walk in shower! Step outside onto your private balcony to take in breathtaking ocean views and watch the waves roll in! This building has also has has new extensive repairs such as a new roof and replumbing! Outside, the community beckons with a wealth of resort-style amenities, including four temperature-controlled pools, four beach walkovers, a pickleball court, tennis courts, racquetball courts, basketball courts, a kids playground, convenient RV/boat parking, and an onsite rental office! Come see why Summerhouse is the most popular complex on the island!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $439 | $439 | $439 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,719 | $3,716 | $4,640 |
* 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.