This custom-designed home is a contemporary take on the classic 1940s cape cod commonly found in the Hudson Valley. The quaint Cape Cod was expanded upon, not only to keep the historic charm but to reinvent the spatial organization and aesthetics for modern living. The first level is centered around a custom staircase, a true piece of art, which runs from the Garden level to the private Primary Suite and is further supported with custom built-ins throughout the house. The sectional qualities of the property were utilized to tuck an outdoor patio directly off the garden level. In lieu of demolishing the home's original footprint, the architects lowered the basement by 2' expanding the ceiling height to 8'-6" allowing for large glazed openings to the backyard creating a Brooklyn-style Garden Level. The patio includes a gas fire pit and grill hookup for a complete outdoor experience. With its exceptional design, performance, and craftsmanship, this renovation is truly one of a kind.
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Our Executive Mortgage Banker:
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$1,099,000
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 | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $761 | $761 | $761 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,342 | $5,776 | $7,719 |
Total Monthly Payment | $6,228 | $6,662 | $8,605 |
* 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.