Pre-Construction. To be built. The Beautiful Monterey by Element Home Builders was designed for ultimate functionality and taking in the beautiful view to the rear that lot 4 offers. This home offers 4, 758 sq ft of A/C living space, 5 Bedrooms, 5. 5 Baths, an Open Plan, Game room, Kitchen, Dining, and family room combo, 3-car garage, and a beautiful pool. As you enter through the front door, you will be welcomed by large full glass sliding doors that look right out to your backyard and pool area. AS you approach the kitchen, you will notice beautiful Thermador appliances a, quartz countertops with ample counter space, and gorgeous custom cabinets that wrap the entire kitchen and dining area. The game room is conveniently located near the kitchen to ensure you maximize use, and the outdoor living is connected along with the summer kitchen for you entertainers out there. AS you approach the left side of the first floor, you will notice a guest ensuite to give your guests privacy. The office is conveniently located at the rear of the home overlooking the beautiful pool area and pond view. The master suite will please with large windows at the back, two separate custom closets, a spa-like master bath with a large glass-enclosed shower, and a free-standing tub. The second story offers a wood staircase and loft area, Bedroom 3 offers ample space and its own bath, bedroom 4 is also a good size with a walk-in closet and shares a large jack and jill bath with bedroom 5. The outdoor living is quite big, giving you plenty of covered space if you are trying to keep cool, Power screens wrap the outdoor living lanai. We are currently budgeting for a pool and spa pkg, and you would get to design that yourself. If you are looking for a beautiful custom, now is the time to act as we only have 2 opportunities remaining.
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Our Executive Mortgage Banker:
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$2,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 7.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.968% | 7.228% | 7.292% |
Monthly Tax Payment | $63 | $63 | $63 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,462 | $14,283 | $19,204 |
Total Monthly Payment | $14,649 | $14,470 | $19,391 |
* 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.