EDGARTOWN - NEW CONSTRUCTION - COMPLETE! Set things in motion to Purchase this beautiful custom home for SUMMER OF 2024! Built on a lovely lot, impressive curb appeal, highlighted by gorgeous stone walls, w/plenty of parking on more than half an acre, only a short drive to downtown Edgartown. Luxury home w/Three Bedroom Suites, Loft & Office. Open floor plan w/multiple living areas. Custom Kitchen w/large Carrera Marble Island & Soapstone counters, Stainless Steel appliances, Breakfast Area for casual dining w/French Doors leading to Mahogany Deck w/Pergola & Blue Stone Patio for additional outdoor living. Ground Floor Suite, coffered ceilings, hardwood floors, Private Bath w/custom tile. Powder room & 1st Laundry. Upstairs 2 additional Bedroom Suites, Loft, plus a separate office. Shared full guest bath, 2nd laundry. Hardwood Floors, Central Air throughout. Full Basement may be finished, Pool may be added at extra charge. . Outdoor shower, Irrigation System. Quality to be seen!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,399,999 | $2,399,999 | $2,399,999 |
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 | $66 | $66 | $66 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,777 | $15,967 | $21,238 |
Total Monthly Payment | $14,968 | $16,158 | $21,429 |
* 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.