Experience the perfect blend of charm & tranquility in this beautifully renovated coastal cottage, nestled on a rare half-acre lot with direct waterfront access to both Green Hill Pond & Teal Lake - a serene freshwater lake. This property features a sprawling, manicured lawn complete with firepit area, beach, & a private saltwater dock, all surrounded by breathtaking water views. On the main level, find an inviting open floor plan, highlighted by vaulted ceilings, warm wood accents & captivating water views. This level includes 2 bedrooms, a newly renovated island kitchen & full bathroom. Walkout lower level offers additional living space including a full bathroom, spacious bunk room, laundry room & plenty of storage. This home has undergone an extensive renovation with exquisite attention to detail, including new electrical & plumbing systems, new roof, hurricane-proof windows, skylights, & new appliances. Every detail has been meticulously addressed, from insulation in the walls & attic to fresh sheetrock throughout. After a beach day, rinse off in the oversized, fully composite outdoor shower; then, unwind on screened-in dining porch, where you can savor incredible sunsets & stargaze under the night sky. Investors Note: property ranks in the top 10% on Airbnb & VRBO - an exceptional income-generating opportunity for savvy investors. 2 bed septic, lives as 3 bed. Enjoy both seclusion & convenience - local beaches, parks, shops, cafes, and restaurants just moments away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.360% | 6.056% |
Monthly Tax Payment | $721 | $721 | $721 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,245 | $7,857 | $10,682 |
Total Monthly Payment | $8,090 | $8,702 | $11,527 |
* 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.