Welcome to this Custom-built home on an Estate lot. This the first home to be built on a 5-lot subdivision of homes situated on large estate lots located on the east side of Laurelwood Dr. A well-lit approximately 350' driveway will lead to this 3100 sf custom built home. This home will be built under the watchful eye of a well-known local builder and will have all the modern amenities today's buyer is looking for: an open floor plan, quartz countertop modern kitchen with high end appliances, walk-in pantry, gas insta-hot water heater, black aluminum gutters & downspouts, coffered ceilings, walkout lower level and a beautiful farmers porch w/maintenance free Azek composite decking. Construction will begin immediately, limited time to walk the lot and reserve this home.
|Bedroom 2||Walk-In Closet(s), Window(s) - Bay/Bow/Box||14 x 15||Second|
|Bedroom 3||13 x 15||Second|
|Bedroom 4||12 x 13||Second|
|Dining Room||Coffered Ceiling(s), Flooring - Hardwood, Open Floorplan||16 x 15||First|
|Kitchen||Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances||15 x 26||First|
|Living Room||Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan||13 x 15||First|
|Master Bedroom||Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s), Window(s) - Bay/Bow/Box||26 x 24||Second|
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Our Executive Mortgage Banker:
Our Insurance Division:
Luxury Properties Specialist
William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.500%||7.125%||7.000%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.582%||7.228%||7.167%|
|Monthly Tax Payment||N/A||N/A||N/A|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$7,585||$8,085||$10,786|
|Total Monthly Payment||$7,710||$8,210||$10,911|
* 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.