OakLedge is a seaside masterpiece with shingle style craftsmanship & elaborate architecture that was replicated in a 2009 rebuild with modern technology for greater comfort and today's lifestyle. The entire first floor & most bathrooms have radiant heat from a geothermal hydro air system that also cools & heats all the other rooms. Sellers strived to minimize their environmental footprint and seamlessly integrated the updates into this timeless home. Nooks and crannies abound with custom millwork and quality details throughout. Designed with entertaining in mind, the floor plan is graceful and functional with the original Music Room now used as a Great Room with dining and sitting areas around the original fireplace. The elegant 2 story entry foyer and grand staircase enhance the "living hall" which draws your attention to the curved panel archway that frames the water view ahead. Perched on the edge of the ocean with a private beach, heated pool & sport court-This property has it all!
Type | Description | Level |
---|---|---|
Bedroom 2 | Bathroom - Full, Closet, Flooring - Hardwood | Second |
Bedroom 3 | Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony - Exterior, French Doors | Second |
Bedroom 4 | Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony - Exterior, French Doors | Second |
Dining Room | Flooring - Hardwood, Open Floorplan, Sunken | First |
Kitchen | Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Exterior Access, Open Floorplan, Second Dishwasher, Pot Filler Faucet, Storage, Gas Stove, Crown Molding | Main,First |
Living Room | Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access, Open Floorplan, Sunken, Crown Molding | First |
Master Bedroom | Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony - Exterior, French Doors, Dressing Room | Second |
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $12,540,000 | $12,540,000 | $12,540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $6,467 | $6,467 | $6,467 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $72,187 | $78,233 | $106,668 |
Total Monthly Payment | $78,779 | $84,825 | $113,260 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.