Intracoastal views on 1/3 acre this 3 bdrm, 2 bath home is in a great Riverside Drive location less than 2 miles to Canal Street shops and restaurants. Catch the sea breezes from this high parcel with lower floor elevation at 16 feet! Lovingly restored and beautifully maintained, there are hardwood floors throughout. The kitchen features a Bertazzoi induction stove. There’s a formal dining and living room, plus a welcoming family room. Solar panels supply approximately 85% of the electric power. The fabulous yard has been professionally landscaped with paver driveway, privacy fencing and a secluded patio with hot tub. Retaining all the character of the 1915 build, updates include impact windows, natural gas water heater, whole house generator and metal roof (2013). There’s well water for yard care with a rust eliminator system. Plenty of room to add on, add a pool, additional garage space and more. Launch your boat from Kennedy Park less than a mile away and ride your golf cart to the beach just 3. 8 miles away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
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 | $176 | $176 | $176 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,145 |
Total Monthly Payment | $4,260 | $4,256 | $5,413 |
* 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.