Presented byJerry Mason |
Island living at its best, this private beachfront home is located on the far northern tip of the island, no public beach access nearby, giving you ultimate privacy and stunning views of the turquoise blue waters in your front yard. Offered turnkey including golf cart, ready for immediate move-in or rentals. Currently a very high volume vacation rental (occupied 250+days/yr with over $175k/yr in annual rent revs). The property is super low maintenance and recently completely remodeled! The ultimate relaxation spot, just walk right out to your private sandy white beach. Behind the property is over 6 acres of undeveloped preserve giving you total peace and quiet. Crisp coastal design inside, with everything you need to enjoy island living. Completely remodeled in 2023, new standing seam metal roof, hardie board siding, outdoor railings and lanai, top of the line low e hurricane windows, doors and sliders. All new hvac, water heater, stainless appliances, luxury vinyl plank flooring, fixtures and furniture. A magical island home or a profitable vacation rental, or both!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
Sales Associate
William Raveis Real Estate
Phone: 508.292.9297
Jerry.Mason@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.989% | 7.102% |
Monthly Tax Payment | $1,000 | $1,000 | $1,000 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,446 | $7,352 | $9,982 |
Total Monthly Payment | $8,571 | $8,477 | $11,107 |
* 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.