Don't miss this rare opportunity to own a stunning riverfront condo situated perfectly between Ortega and Avondale. Ortega Landing features just 8 units and offers the perfect blend of modern luxury and classic charm. This spacious 1st-floor unit offers ground floor entry from a raised parking deck and via elevator access from the parking garage below. Enjoy breathtaking views of the marina and river from the generously proportioned living area, complete with a cozy fireplace and a wall of sliding glass doors that lead to your private terrace. The well-appointed kitchen features a breakfast bar, while the separate dining area is ideal for hosting dinner parties. The split bedroom floor plan offers privacy and comfort, with the master suite boasting double walk-in closets and a luxurious ensuite bathroom. The elevator opens securely into the unit with a unique PIN code. As an Ortega Landing resident, you'll have exclusive access to the pool, spa, and clubhouse next door at Port 32 Marina. Plus, the association recently completed a state-mandated structural integrity and reserve study, and the association reserves are fully funded. Two reserved parking spaces and two large storage closets are included with this unit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $920 | $920 | $920 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,531 | $6,531 | $8,956 |
Total Monthly Payment | $7,576 | $7,576 | $10,001 |
* 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.