This spacious 3-bedroom, 2-bathroom home, just shy of 1, 800 square feet, in the highly desirable Shore Acres neighborhood is a rare opportunity for buyers looking to add their personal touch. With its generous layout and prime location, this property is brimming with potential and ready to be transformed into your dream home.
Recently renovated prior to sustaining water damage, the home retains many of its standout features. The kitchen is a true highlight, boasting immaculate countertops and a stylish backsplash that remain in excellent condition. Both bathrooms are also in great shape, showcasing modern finishes and requiring no updates. Additionally, the roof was installed in 2018 and is in great condition, peace of mind for years to come.
The drywall has been removed, creating a blank slate for customization and has an opportunity for easy inspections and repairs. Whether you’re an experienced renovator or a first-time buyer with a vision, this home is ready to be finished to your exact specifications.
Nestled in a quiet and sought-after neighborhood, the property is conveniently located near schools, parks, and the waterfront, providing the ideal balance of tranquility and accessibility. With its strong foundation and unbeatable location, this home is ideal for anyone looking to invest in a promising project.
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,000
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 | $263,200 | $263,200 | $263,200 |
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 | $500 | $500 | $500 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,751 | $1,749 | $2,257 |
Total Monthly Payment | $2,326 | $2,324 | $2,832 |
* 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.