Davis Island living at its best! Own a private oasis on approximately 138 feet of waterfront with this 0. 36 acre ranch, renovated in 2020-2021. This must see one story home offers 5 bedrooms (5th bedroom is huge and can be used as a bonus room) and 4 full bathrooms with an amazing family-friendly floor plan featuring formal living, waterfront dining, separate office, walk-in pantry, and laundry/mud room. The large kitchen is a chef’s delight featuring 2 islands, natural stone quartzite counters, gas cooktop, French door double convection ovens, advantium speed oven, and a dedicated tap for instant hot water and RO filtered water. The original portion of the home offers charming built-ins, large bedrooms, original hardwood floors which beautifully transitions into an addition to create a separate primary bedroom with waterfront views.
The house sits on an oversized, fenced in lot with custom playground, swimming pool and large open back porch, quaint brick paved courtyard off of the kitchen, 6, 000 lb boat lift and floating dock for kayak and paddle boarding. The 2. 5 car attached garage has storage in attic space with easy access.
The community offers a charming downtown strip with dining, shopping and local RX, which lead to the end of the island and the beautiful DI Yacht Club with dog park and white sandy beach overlooking sail boats and DI airport. The island is golf cart friendly. With convenient access to downtown and the riverfront, this location is a win!
Roof 2023, HVAC 2018, 2021 and 2022, brand new irrigation system and sod.
MUST SEE VIRTUAL TOUR to appreciate the floor plan and views. https: //realestate. febreframeworks. com/videos/018ea9e0-4929-72bc-8a86-d40a7acd7295
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,116,000 | $3,116,000 | $3,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $1,930 | $1,930 | $1,930 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,257 | $20,731 | $27,790 |
Total Monthly Payment | $23,312 | $22,786 | $29,845 |
* 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.