*All offers due by Friday 10/18/24 by 8: 00p. Opportunity knocks with this fantastic townhouse style condo unit located in the highly sought after Black Rock community. Harbor Point Condominiums consists of 20 units in a well cared for complex just steps from Brewster Cove, Ellsworth Park & the Fayerweather Yacht Club. This two bedroom, 1200 sq ft unit has a generous open floorplan on the main living area featuring an expansive combination living room/dining area with 2 oversized windows providing fantastic daylight exposure. A galley kitchen blends seamlessly into the space with a peninsula & pass through perfect for entertaining. Newer appliances include a Refrigerator & Oven/Range. The unit is all electric heat w/ an in-wall mini split along with baseboard heat in dining area. Meander upstairs to find an expansive hallway, skylight, full bathroom with another skylight and two sizeable bedrooms. Bring your imagination & breathe new life into this truly unique unit. With off-street assigned parking, a storage locker in the lower level basement and a coin-op laundry room, you will be living on easy street. Get lost in Black Rock's robust music scene, vast food culture, farmers market, St Mary's by the Sea & best of all the friendly community. . . find out what Black Rock living is all about! Currently the unit is not allowed to be rented as the ratio has been exceeded at this time, so this property is best suited for an owner occupant. Please confirm with HOA.
Type | Level |
---|---|
Bedroom 1 | Upper |
Dining Room | Main |
Full Bath | Upper |
Living Room | Main |
Primary Bedroom | Upper |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $147,920 | $147,920 | $147,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $262 | $262 | $262 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,009 | $983 | $1,268 |
Total Monthly Payment | $1,346 | $1,320 | $1,605 |
* 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.