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Seize the opportunity to own a breathtaking Colonial home in the tranquil Lake Panamoka, perfect for those seeking a serene lifestyle. This beautifully updated property features 5 spacious bedrooms and 2 full updated bathrooms, offering stunning water views within a private waterfront community that grants exclusive beach rights. The layout includes 2 bedrooms on the main floor, along with 3 additional bedrooms upstairs. A gracious formal entrance foyer welcomes you with hardwood floors and an oversized coat closet, leading into a cozy living room that boasts a wood burning fireplace with a custom mantel and abundant windows that invite natural light. The primary bedroom connects to an oversized bathroom, which includes two generous walk in closets. This home is enhanced by a brand new expansive driveway and complete with a newly constructed deck and fencing. The tastefully renovated kitchen, equipped with brand new appliances and Quartz countertops, opens into the dining room, featuring new luxury vinyl plank flooring and French doors that lead to a deck with a spacious gazebo, perfect for entertaining. A two year old cesspool and a new water heater ensure that the home is fully equipped, with ductwork ready for central air conditioning installation. Additional features include a sizable unfinished basement with exterior access through Bilco doors for ample storage, a new Maytag washer and dryer and elegant details such as raised panel doors, ceiling fans, and recessed lighting in select areas. Enjoy the peace and privacy of a beautifully fenced backyard. Imagine keeping your boat at Beach 1 while enjoying access to all three community beaches. Outdoor enthusiasts will love the proximity to Brookhaven State Park, which offers a variety of walking, hiking, and equestrian trails. The lake is also home to about five different fish species, creating a fisherman's paradise. Don’t miss this chance to embrace the charm of lakeside living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,999
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,999 | $399,999 | $399,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $988 | $988 | $988 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,209 | $2,366 | $3,189 |
| Total Monthly Payment | $3,272 | $3,429 | $4,252 |
* 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.