High-End Duplex with Prime Location & Investment Potential. One or more photos have been virtually staged. **Photos are from a completed, similar duplex. **Tenant occupied on both sides. This brand-new, high-end duplex offers modern luxury with sleek hard surface countertops, tile floors, designer fans, eight-foot doors, and brand-new appliances. Perfect for those seeking to live on one side and lease the other, or for savvy investors looking for a prime rental property. Located just minutes from top restaurants, entertainment, waterfront attractions, and less than 2 miles from Fisherman’s Village, this duplex is ideally situated for both convenience and lifestyle. INVESTORS, THIS IS A TOP-TIER OPPORTUNITY! With its upscale finishes and sought-after location, it’s sure to attract strong rental demand and long-term value. The builder also has several other duplexes available in the area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$643,999
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 | $515,199 | $515,199 | $515,199 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $104 | $104 | $104 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,428 | $3,384 | $4,345 |
Total Monthly Payment | $3,624 | $3,580 | $4,541 |
* 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.