Enjoy Carefree Waterfront Living at its Finest in The Beacon at Garvies Point! This sun-drenched 2 BR, 2. 5 Bath Penthouse includes an almost 500 sq ft Private Rooftop Terrace with incredible views of LI Sound & Breathtaking Sunsets. The Residence Overlooks the Water and a Beautifully Landscaped Courtyard Features 10' Ceilings and Floor to Ceiling Windows with an Open Floor Plan of Living Room, Dining Room & Gourmet Kitchen with Custom Cabinetry, Quartzite Counter Tops & Quality Appliances which is perfect for living and entertaining! The Primary Suite has an Ensuite Bath & Large Outfitted Closet, BR#2 with Ensuite Bath & Outfitted Closet all with Waterview's. A Powder Room, Laundry Area, 2 Storage Units and Indoor Garage/2 Parking Spots Complete This Wonderful Offering! Nestled on 56 Acres of Waterfront, the Building Amenities include Concierge & Doorman, Waterfront Pool, Expansive Terrace, BBQ Area with Tables & Chairs, Residents Lounge/Club Room, Library, Game Room, Movie Theater Screening Room, Party Room, Fitness Center, Business Center and a 1. 1 mile Waterfront Esplanade Perfect for Enjoying the Outdoors or Walking to the Restaurants in Downtown Glen Cove. Glen Cove Golf Course Privileges. HOA fees Apply
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
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 | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,833 | $1,833 | $1,833 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,263 | $7,981 | $10,708 |
Total Monthly Payment | $9,221 | $9,939 | $12,666 |
* 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.