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Stunning 5-Bedroom, 3. 5-Bath Colton Colonial in The Hamlet on Olde Oyster Bay- 3, 046 sq. ft. Colonial combines elegance, functionality, and country club living in a 24-hour gated community. The main level features a two-story entry. an open kitchen with a center island, wood cabinets, and granite countertops, flowing into the family room with sliders leading you to a private patio. The living room connects to the formal builder-extended dining room. Also on this floor are a main-level bedroom with its own full bath, a powder room, laundry, area, and a two-car garage. Upstairs, a spacious loft leads to a luxurious, oversized primary suite with vaulted ceilings with a large bathroom with a double vanity, and Jacuzzi. Three additional nicely-sized bedrooms and a full bath. The finished basement includes a cedar closet, an egress window and ample storage. Additional features include hardwood floors, recessed lighting, gas heat and cooking, new central air, stainless steel appliances, and a backyard patio with pavers. Updated roof. Community amenities include indoor and outdoor pools with a poolside snack bar, restaurant, gym, Jacuzzi, sauna, steam rooms, pickleball, basketball, teen media room, beauty salon, ballroom, tennis, lake and boardwalk, and a children’s playground. Fees include a mandatory $220/month restaurant fee, $4, 000 restaurant bond (refundable at future sale), $900 equipment fee, $1, 503 working capital fee at closing, and $752/month HOA.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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
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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 | $1,039,200 | $1,039,200 | $1,039,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,726 | $1,726 | $1,726 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,500 | $6,064 | $8,491 |
| Total Monthly Payment | $7,351 | $7,915 | $10,342 |
* 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.