Step into Luxury & Sophistication with this Captivating New Home! From the grand iron rod stairway in the majestic two-story foyer to the sleek waterfall island in this dream kitchen, this residence exudes opulence at every turn. The attention to detail is evident, boasting tasteful accent walls in the dining room and breakfast nook, ensuring elegance meets functionality. Expansiveness defines the main level with its open layout, encompassing a home office & a generously sized laundry room. Ascend to the upper level to discover the lavish primary suite featuring cathedral ceilings & a spa-like ensuite adorned with a custom-tiled shower, a freestanding tub, & a floating vanity. Flexibility abounds with a loft & bonus room above the garage, offering versatile spaces for relaxation or play. The lower level extends the possibilities with finished spaces ideal for a media room, home gym, or creative pursuits. The almost 2-acre lot beckons relaxation on the wraparound porch or the serene back deck overlooking the private yard. Noteworthy is the INCOME POTENTIAL—a mobile home on the property currently generates $1, 400/month, presenting a unique opportunity. Imagine the possibility of replacing it with a cute mother-in-law cottage, guest house, or an AirBnB further enhancing its income-producing capacity! This property is more than luxury; it’s a wise investment. Don't let this chance slip away to own a remarkable property that seamlessly blends luxury, comfort, & a lucrative income!
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Our Executive Mortgage Banker:
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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 | $719,920 | $719,920 | $719,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,433 | $4,729 | $6,371 |
Total Monthly Payment | $4,525 | $4,821 | $6,463 |
* 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.