This first-floor condo offers the best of waterfront living. Imagine enjoying stunning sunsets and ocean breezes from your patio and every room. The unit has been recently updated with a spacious open-concept floor plan, including an expanded living room that can be converted into a second bedroom if needed. The dining room is connected to an updated kitchen with granite co and stainless steel appliances. The primary suite features a spacious bedroom with ample closets and a brand-new full bath with a shower bench. The second updated full bathroom features a tub. You'll have parking for two cars and access to great amenities such as a floor lounge and a community room with a kitchen, perfect for hosting large gatherings. Boat docking is available for boating enthusiasts, and you'll be just minutes away from the open bay and waterfront dining on the famous Nautical Mile. Freeport is a wonderful village with numerous activities and parks. The Freeport Recreational Center offers an indoor ice skating rink and pool, as well as affordable electric service.
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Our Executive Mortgage Banker:
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$499,999
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 | $399,999 | $399,999 | $399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $575 | $575 | $575 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,373 |
Total Monthly Payment | $3,311 | $3,309 | $4,023 |
* 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.