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Welcome to 280 West Penn Street, where luxury meets coastal charm in Long Beach's historic red brick district. Located on one of the most sought-after blocks, this exquisite contemporary residence is just steps from Long Beach's pristine beaches and its famous boardwalk, offering the perfect blend of serene beachside living and easy access to Manhattan, less than an hour away. As you step inside, you're greeted by a grand foyer with soaring cathedral ceilings, The home offers an open living space and rich wood floors. An expansive living room and dining area create an inviting atmosphere, perfect for entertaining. The den area has a wood-burning fireplace with gliding doors that lead to your private backyard oasis. A spacious patio overlooks a meticulously landscaped garden, ideal for entertaining or relaxing. This stunning property boasts three generously sized bedrooms and two-and-a-half baths. The large office (can be converted to a 4th bedroom) has an expansive deck with an ocean view, making it an inspiring space to work or unwind. The primary suite features a spa-like ensuite with a whirlpool tub and a walk-in closet. Additional features include a one-car garage, a private driveway, and ample storage space. Experience year-round luxury living at 280 West Penn Street, your private coastal paradise. Welcome home, Additional information: Appearance: Mint, Interior Features: Lr/Dr
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Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $1,623 | $1,623 | $1,623 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,403 | $8,506 |
Total Monthly Payment | $7,426 | $8,151 | $10,254 |
* 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.