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Pre-Construction. To be built. Pre-Construction Opportunity — Build Now in Edgewater, Where There’s No Moratorium and the City Is Open for Business
If you’re ready to build, Edgewater is too. With no construction moratorium, the city is fully open for business, making this the perfect time to bring your new home to life without delay.
Thoughtfully designed for both connection and independence, this to-be-built multigenerational residence offers flexibility, comfort, and plenty of room to grow — all with the added freedom of no HOA and no restrictive rules.
Step inside and envision your daily life unfolding under soaring 9’4” ceilings, surrounded by natural light and refined finishes. The main home features three spacious bedrooms, two baths, and a flowing open-concept layout that centers around the great room and kitchen. Quartz countertops, premium plank flooring, and elegant tilework highlight craftsmanship you’ll appreciate for years to come.
Across the way, a private one-bedroom, one-bath suite with its own living area and separate entrance delivers unmatched versatility. Perfect for parents, adult children, guests, or even a personal retreat, it allows multiple generations to thrive together while maintaining independence.
A spacious three-car garage offers room for vehicles, storage, or creative projects, while the home’s placement in a well-established neighborhood provides privacy, comfort, and the flexibility to live the way you choose.
Because construction hasn’t begun yet, you have the rare chance to personalize finishes and features from the ground up — ensuring this home reflects your style and needs from day one.
Edgewater is ready. Your future home is ready. And with no moratorium, you can start building right away.
Secure this pre-construction opportunity today and bring your vision to life without delay.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$489,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $391,920 | $391,920 | $391,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $27 | $27 | $27 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,256 | $2,347 | $3,125 |
| Total Monthly Payment | $2,358 | $2,449 | $3,227 |
* 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.