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Step into an atmosphere of exceptional distinction where reflections of Long Beach history combine with the comforts of modern living. Presenting a classic William H. Reynolds Spanish Colonial estate residence, on the Historical Society register. Every corner of this seaside home exudes sophistication, from the sleek state of the art professional style eat-in kitchen, to the classic tiled bathrooms, to the warm and inviting living spaces. While embracing its historical origins, this magnificent home has been meticulously renovated to cater to the discerning tastes of today's luxury homeowner. Classic Mediterranean architectural details and early 20th century aesthetics evoke the aura of a bygone era. Just moments from the sandy ocean shores and the famous Long Beach boardwalk, yet less than an hour commute to Manhattan, this home offers the ultimate coastal retreat. With its generous proportions, this is a home of endless possibilities. There is ample space for both intimate gatherings and grand celebrations. Ten bedrooms and eight bathrooms spread over 3 floors, ensures that every member of your family or guest has their own private sanctuary. Other spaces include a tremendous attic, outdoor shower, and separate 2 car garage. Multiple outdoor living spaces and well landscaped gardens and grounds offer additional tranquil spaces to unwind, enjoy, and entertain. A true beachside paradise. This is a once in a lifetime opportunity for refined coastal living in a historical gem with all the "City By The Sea" has to offer. Call today for your private appointment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,488,000
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 | $1,990,400 | $1,990,400 | $1,990,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $1,388 | $1,388 | $1,388 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,301 | $12,745 | $16,796 |
Total Monthly Payment | $12,814 | $14,258 | $18,309 |
* 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.