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88 Summerset Point Drive offers an unparalleled lakefront compound on Lake Greenwood perfect for multi-generational living! A phenomenal property offering the rare combination of two separate, fully functional homes and over 215 feet of pristine, deep, protected waterfrontage—a perfect setup for multi-generational living, a luxury retreat, or a lucrative short/long-term rental investment. This exceptional estate sits on two flat lots and features robust, low-maintenance construction (metal studs, real stucco, Pennsylvania blue stone trim) across both residences, totaling approximately 3, 837 sq. ft. The Main House is a spacious 3-bedroom, 2. 5-bath home boasting cathedral ceilings, two beautiful fireplaces (Great Room & Primary Suite), a large gourmet kitchen, a sunny lake-view sunroom with a wine bar, and a waterside deck. The property also features a fully equipped Guest/Entertainment House (approx. 1, 400 sq. ft. ) with its own kitchen, bedroom, den, utility room, and an adjacent separate workshop/garage. Exterior amenities are second to none, including two private covered docks, each with its own boat lift, a beautiful Keystone Seawall, an in- ground sprinkler system utilizing lake water, a whole-house water filtration system, and a super handy automatic whole house back-up generator. Located in the established Summerset Bay community, this turn-key property is an absolute must-see for the discerning lake enthusiast.
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:
$1,050,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.110% | 5.972% |
| Monthly Tax Payment | $762 | $762 | $762 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $5,036 | $6,975 |
| Total Monthly Payment | $5,656 | $5,923 | $7,862 |
* 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.