Freeport. Sitting on one of the largest waterfront lots in South Freeport, this brand new construction home offers impeccable design & craftsmanship with western water views for the perfect sunsets to enjoy every evening. This 3-level home is FEMA compliant with flood insurance of only $600 a year. Offering 10-foot ceilings, an open-concept layout and a sleek modern kitchen featuring custom Leicht cabinets, stainless steel Thermador appliances, two large islands with quartz countertops and waterfall edges that are perfect for entertaining, and a wet bar featuring a 50-bottle wine fridge. This home features radiant heating throughout the home, a private in-law suite with its own outside entrance, custom elevator to make the home convenient and wheelchair accessible, Toto toilets in every bathroom and an accent wall that includes a glass fireplace. There is a large primary suite with a Jacuzzi tub, large walk-in closet and French sliding doors that lead to a private deck that overlooks the water. Modern exterior white hardy plank siding accented with black Anderson windows, hidden liters and both front and back porches make this home one-of-a-kind. The second floor is perfect for an additional primary suite, home office, or entertainment area. The back yard offers 5 deep water boat slips that can accommodate multiple 50+foot boats, 2 jet-ski docks, approx. 20x40 gunite swimming pool and sits on Randall's Bay, which is one of the deepest bays on the south shore, great for boating, fishing, and waterfront activities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,290,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $1,832,000 | $1,832,000 | $1,832,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $1,802 | $1,802 | $1,802 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,280 | $12,035 | $16,212 |
Total Monthly Payment | $13,207 | $13,962 | $18,139 |
* 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.