Condo for Sale in Atlantic Ocean Complex, Lido Beach, NY Towne House at Lido Beach Enter this gated community just a short distance from the Loop Parkway. Be greeted by a personable guard for enhanced security. Pull up directly in front of your unit and park in your personally designated parking space. Enter into a fenced 24' x 17' Patio. Then step into your 1, 200 SF home's generous 22' x 24' living room ideal for relaxation and entertaining. Enjoy the hardwood floors throughout the unit. The unit is ready for your personal touches. Prepare meals in your open kitchen with cooktop, oven, refrigerator and dishwasher. For your convenience there is an in-unit washer and dryer. Indulge in a spa-like experience in your "L" shaped bathroom featuring a Jacuzzi tub plus a 3' x 5' shower. Step out the rear of your unit into a luxuriously landscaped courtyard ideal for resting and sharing some time with your neighbors. Take advantage of the Clubhouse and numerous events scheduled there. The clubhouse Can be rented for private parties. Take a dip in the Solar Heated Pool. Take a walk over the protective dunes walkway for the private access to the Atlantic Ocean white sand beach. The protective dunes do their job well. Even during Superstorm Sandy, no water entered any of the 224 residential units. This condo is ideal for those seeking a peaceful retreat or a prime investment opportunity. Experience the beauty of oceanfront living while enjoying the comforts of a well-designed, pet friendly community. This condo in the Atlantic Ocean Complex, Lido Beach, NY, is a fantastic opportunity for peaceful beachfront living or a smart investment. Don't miss out on this slice of paradise for only $495, 000
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William Raveis Real Estate
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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 | $396,000 | $396,000 | $396,000 |
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 | $967 | $967 | $967 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,635 | $2,632 | $3,395 |
Total Monthly Payment | $3,677 | $3,674 | $4,437 |
* 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.