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Fabulous 5-acre equestrian property. Including a 4-bedroom home with 3 bathrooms plus 1 bed & 1 bath outside home, 16 stalls, 10 paddocks, and large GGT arena located in the highly desirable gated community of Deer Run! This turn-key property is made by a Five Star Builder whom designed a newer 12-stall center-aisle barn with: tack room, laundry/feed room, new office/lounge with a full bathroom. The barn amenities are complete with air-conditioning. The 130x200 All Weather arena features premium GGT footing and instant drainage for riding rain or shine. The arena and all 10 paddocks are fully irrigated. The back of the property has an additional 4-stall shed-row style barn with an oversized foaling stall. . . The charming and unique two-story farmhouse features 4 bedrooms, 3 full bathrooms. The main level offers 2 bedrooms, a full bath, laundry room/pantry, farmhouse style kitchen, an open concept living area and formal dining room. Upstairs features a loft and 2 master suites each complete with their own bathrooms and picturesque views of the property. The outside living area boasts a fully screened, in-ground, heated pool and hot tub, as well as an expansive covered deck and bar area overlooking the park-like setting. This unique one of a kind equestrian property won't last long!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.132% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,097 | $1,097 | $1,097 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,755 | $8,993 | $12,489 |
| Total Monthly Payment | $9,977 | $10,215 | $13,711 |
* 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.