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Presented by
Marshall + Ostop Team |
Reduced $330k! Stunningly remodeled lakefront home w/ expansive water views in Palm Beach Polo. The home boasts wood floors throughout, center-island kitchen with high-end appliances, and 300-year old Australian wood beams which accent the volume ceilings. Every bedroom has an in-suite bathroom & the den/office also has a full bathroom & closet which could be a 5th bedroom suite. The luxurious primary suite features water views, gas fireplace, dressing room, breakfast bar, spa like bathroom and outdoor showering courtyard. The expansive pool & patio area is perfect for entertaining with lounging areas, gas fireplace, BBQ & dining spaces. The garage has a mini-split air-conditioner & a second set of washers & dryers. If you're looking for that move-in ready home, this is the one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,250,000
Sales Associates
William Raveis Real Estate
Phone: 860.748.1845
MarshallOstop@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.990.4029
Jennifer.Carreto@raveis.com
NMLS Mortgage Loan Originator ID 829975
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,000,000 | $5,000,000 | $5,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.007% | 5.932% |
| Monthly Tax Payment | $3,190 | $3,190 | $3,190 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $28,389 | $29,577 | $41,521 |
| Total Monthly Payment | $31,704 | $32,892 | $44,836 |
* 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.