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New PRICE REDUCTION and a MOTIVATED seller! Come to the OPEN HOUSE on Saturday, April 19th and let's TALK! NOON till 3PM.
This fantastic 2 bedroom 2 bath Mid-Century Modern has been thoroughly renovated and the results are magnificent! The open concept living area is surrounded by windows with striking plantation shutters that fill the space with gorgeous light. The Kitchen has countertops that go on for days and there is a full suite of new appliances including an induction cooktop, an oven unit, dishwasher and refrigerator. The cabinets are plentiful and the drawers are all soft close. In both bedrooms there are new built-in closet systems that provide an astonishing amount of storage space with sleek, glass panel doors. But you really need to see the bathrooms to truly appreciate how much attention was spent on exceptional design choices. Both have frameless shower enclosures and the en-suite bathroom features a freestanding soaking bathtub with a waterfall faucet. There is a laundry room tucked behind frosted glass panels and the brand new washer and dryer that is already there stays with the house! The backyard is an entertainer's dream with beautifully landscaped areas of sun and shade and it features a super cute cabana that makes hosting a pool party or celebration a breeze. Addional features are a 200 amp electrical panel, state of the art tankless water heater, a new garage door opener, underground electrical and cable lines, and 4 brand new mini-splits! There is also a sizable and well built storage area on the back side of the Cabana to protect just about anything you need from the elements. The shops and bars, restaurants, and art festivals on Corey Avenue are but a half mile away. Be sure to check out the Sunday Market with its diverse selection of produce, artisan pastries, jewelry, and delicious food. This home has stood strong, dry, and secure-- up until the rare event of Hurricane Helene. Now that it's been lovingly restored, it's time for a new chapter. All permits have been pulled, inspected, and closed out. This home offers lasting value and a location that can't be beat. The area commands an impressive seasonal rental rate and the demand is strong, which makes it a smart opportunity if an investment is what you are looking for. All in all this is more than a great beach house. It's a place to make more memories, soak up the sunshine and truly feel at home. Make your plans now to tour this awesome house and make it your new home!
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Our Executive Mortgage Banker:
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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 | $536,000 | $536,000 | $536,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $330 | $330 | $330 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,344 | $3,521 | $4,487 |
Total Monthly Payment | $3,766 | $3,943 | $4,909 |
* 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.