Enjoy panoramic views of Reynolds Channel and summer sunsets over the NYC skyline from your living area and wake to the sight of the sunrise glimmering off the City skyscrapers right from your bed. Built new and FEMA compliant in 2022-23, this 4 bed / 3. 5 bath waterfront home offers all the advantages of being direct waterfront, gorgeous views, boat lift, dock and new vinyl bulkhead, all while being a short walk to the ocean beach. The ground floor offers a three car tandem garage, entry mud room and large finished storage / exercise room. The main floor features the large open living, dining and kitchen area, as well as a guest suite with full bath and separate entrance. The top floor contains the primary suite with private deck, two additional guest bed rooms, another full bath, laundry and a home office. The rear of the house makes entertaining a dream with a large deck off the living area that leads to your personal dock and boat lift. The fully framed elevator shaft is currently being used as three large storage areas, but is ready for an easy conversion to a home elevator. The front of the home has an over sized parking area offering coveted space for off-street parking that can easily accommodate up to 6 cars. This home is just a short stroll to all the vibrant restaurants, bars and shopping the West End of Long Beach has to offer, all while being a peaceful waterfront oasis that seems miles away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,750 | $1,750 | $1,750 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,871 | $13,053 | $17,605 |
Total Monthly Payment | $13,746 | $14,928 | $19,480 |
* 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.