An incredibly rare opportunity to own a townhome on the sought-after east side of 1st Street, just steps to the beach! Enjoy stunning ocean views from your 2nd & 3rd story balconies, perfect for morning coffee, relaxation, or catching up on work while listening to the ocean. This beautifully updated home has been meticulously maintained w/major improvements in 2019, including cementitious exterior, A/C system, whole-home replumb, & updated electrical panel. Roof replaced 2018. The kitchen, also remodeled in 2019, features 42'' cabinets, sleek level 2 granite countertops, a stylish tile backsplash, & SS appliances. The interior has been freshly painted, making it move-in ready. Both the master & guest bathrooms boast elegant walk-in tile showers, & the master suite offers unbeatable ocean views from the balcony. There is no HOA, but homeowners have taken the initiative to enhance the community, funding the front pavers, columns, & the paver alleyway leading to your two-car garage. Windows and sliding glass door replaced in 2019. The home is constructed of sturdy concrete block, w/new insulation in the attic for energy efficiency. An outdoor shower makes it easy to rinse off after a day at the beach, & w/townhomes like this rarely coming to market, this is a must-see property! Refrigerator is brand new. Furniture in townhome is negotiable.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $745 | $745 | $745 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,410 | $4,187 | $6,017 |
Total Monthly Payment | $5,247 | $5,024 | $6,854 |
* 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.