Welcome to the epitome of modern luxury living in the prestigious town of Colchester! Nestled on one of the last premier lots available on Wilcox Court, this newly constructed home is a showcase of opulence and convenience. Boasting a plethora of upscale features, this home has it all. Upon arrival, you'll be greeted by the grandeur of a 3-car heated garage set perfectly on a generous 1. 25-acre lot, this property offers the perfect blend of space and privacy for your family to enjoy. As you step inside, you'll be captivated by the immense gourmet kitchen, equipped with granite countertops, stylish tiled backsplash, and SS appliances. A fabulous master suite, complete with its own private balcony, office and a massive walk-in closet, serves as a tranquil oasis. Master bathroom is a spa-like retreat, featuring a wall-to-wall double vanity, a luxurious Corian shower, and an inviting soaking tub, offering a haven for relaxation. Inviting living room, adorned with a cozy fireplace, provides the perfect ambiance for entertaining or quiet evenings by the fire. Hardwood floors grace the entire home, while the bathrooms showcase tasteful tile work, combining style with practicality. Completing this residence is a partially finished basement, which includes yet another full bath, offering endless possibilities for a playroom, home gym, or additional living space. Situated in a small development, this property is ideally located with close proximity to I89, making your commute a breeze.
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Our Executive Mortgage Banker:
Our Insurance Division:
$874,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $699,920 | $699,920 | $699,920 |
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% | 6.977% | 6.790% |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,598 | $6,145 |
Total Monthly Payment | $4,532 | $4,877 | $6,424 |
* 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.