Welcome to 7 Trotter Dr - an elegant 4 br, 3. 5 ba Colonial with 2 car garage in the highly coveted Salem Chase Community. Beautifully renovated, this property boasts almost 5, 000 sqft of captivating design & luxurious features & amenities. Enter into a double story foyer with a modern chandelier, crown molding & hardwood flooring throughout. The updated chef's kitchen, complete with high-end appliances, quartz countertops, large island & gorgeous cabinetry. The breakfast area leads into a double story family room with fireplace, giant picture window, skylights, & a back staircase, creating an ideal entertaining space. In addition, the main floor has a formal living & dining room, renovated powder room, laundry, home office with built-ins & a stunning 480 sqft Bonus Room. Upstairs, the primary bedroom features a sitting area, walk-in closet & a renovated suite with a soaking tub, double vanities, private privy & a glass-enclosed shower. Plus 3 additional bedrooms with double closets, & renovated full bath with double vanity. The finished lower level includes a kitchenette with refrigerator & sink. The generous-sized room is perfect for entertainment/fitness with an additional renovated full bathroom & office/den. Step outside to a private, relaxing oasis. This property offers more than just a home, it promises a vacation lifestyle with its community pool, playground & tennis courts. Close proximity to highways, transportation, shopping, & dining. Just one hour to NYC! Taxes do NOT include basic STAR exemptions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $2,171 | $2,171 | $2,171 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,399 | $6,914 | $9,196 |
Total Monthly Payment | $8,695 | $9,210 | $11,492 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.