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Large 100x250 parcel shaded by tall oaks and surrounded by remarkable custom estates here in the sought after 400 block of Prestigious John Anderson Drive. The 3 Bedroom, 3 Bath home retains the original charm of 1955 with gleaming oak floors and two fireplaces. The main home would be ideal for restoration with 2 of the 3 baths and the kitchen in various stages of renovations. Beyond the 3 bedrooms, the home features a southerly facing sunroom overlooking a neighboring grove of tall oaks. A unique den off of the main living room features high ceilings above a stately brick fireplace. A sprawling elevated verandah hovers above the front yard greeting visitors and a large brick patio is in the private backyard. Detached 2 car garage with plenty of room for additions or an ideal site for new custom construction. Location is a tremendous asset, just 1 block north of Neptune Avenue where your daily stroll to the beach will pass by the 11th and 15th green of Oceanside Country Club's private links. Unique opportunity in this ideal location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,282 | $3,411 | $4,346 |
Total Monthly Payment | $3,533 | $3,662 | $4,597 |
* 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.