Welcome to College Park's newest contemporary townhome, ideally situated along the picturesque Dubsdread Golf Course with breathtaking views. Nestled on the serene Fairway Lane, this tranquil street leads to a cul-de-sac at the end of Edgewater Drive. Completed in December 2023, this newly constructed tandem townhome boasts 3 spacious bedrooms and 2. 5 bathrooms, covering a generous 1873 square feet. Step inside to discover the seamless blend of style and functionality with Coretec luxury vinyl flooring throughout the entire residence. The open-concept living space creates a warm and inviting ambiance. The kitchen is a culinary delight, showcasing upgraded quartz counters and backsplash, smart appliances, a vented stove hood, and soft-close ceiling cabinets. A large walk-in pantry adds practical convenience to the heart of the home. Enjoy the outdoors in the back yard or take advantage of the two-car attached garage for convenient parking. The walk-in laundry room, complete with a large window, adds a touch of luxury to the daily routine. Natural light floods every corner of this two-story tandem townhome, thanks to large double-pane windows in each room, ensuring a bright and airy living space. This exceptional property presents a rare opportunity that won't be available for long. Residents will appreciate the proximity to esteemed educational institutions, including the Princeton Elementary School District, Edgewater High School, and Bishop Moore School, all within a 5-minute walk. Positioned directly behind Appenberrys Nursery and close to Foxtail/Kellys Ice Cream, this townhome offers a harmonious blend of modern living and natural beauty. Don't miss the chance to make this your new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$689,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $551,200 | $551,200 | $551,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $306 | $306 | $306 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,760 | $3,663 | $4,651 |
Total Monthly Payment | $4,158 | $4,061 | $5,049 |
* 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.