This stylish and beautifully remodeled condo offers the perfect blend of modern design and beachside living. The open-concept floor plan features a chef's dream of a kitchen equipped with brand-new stainless steel appliances, quartz countertops, Poggenpohl cabinetry and an extended center island. Hardwood floors throughout complement the contemporary ambiance, while the newly transformed bathroom evokes a spa-like atmosphere. Storage is effortless with custom California closets designed with space to store your surfboard and the convenience of an in-unit washer/dryer adds a practical touch to daily living. Nestled in the heart of Rockaway Beach, this tranquil retreat places you steps away from the area's vibrant, active lifestyle. Enjoy the surf, a brand-new skate park, miles of scenic boardwalk and local wine bars, eateries and stores close by. Transportation to Brooklyn and Manhattanis a breeze with the option to ride the A train, take a bus or be whisked across Jamaica Bay on the Rockaway ferry. This apartment is the perfect place for surfers, beach lovers, and anyone seeking a dynamic coastal environment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,000
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 | $359,200 | $359,200 | $359,200 |
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 | $286 | $286 | $286 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,390 | $2,387 | $3,080 |
Total Monthly Payment | $2,751 | $2,748 | $3,441 |
* 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.