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$400, 000 REDUCTION. OWNER SAYS SELL. BRAND-NEW luxury CBS home on a 1. 16-acre corner lot on a paved road in Palm Beach Country Estates features 5 bedrooms plus a den, 4. 5 baths, and an oversized 2-car garage. Metal roof and hurricane impact windows. Luxury finishes and 12-foot ceilings throughout. Split floorplan with enormous great room at the center. An underground propane tank supplies the kitchen range, water heater, and summer kitchen. Open kitchen with high-end stainless-steel appliances and large center island. Master bedroom features two large walk-in closets and a master bath with standalone bathtub, dual vanities, and separate shower. Hobby/extra room off the great room with lots of sunlight. Two A/C zones. Large, covered porch with frameless screen. Opportunities to purchase a brand-new home in this subdivision are rare -very few vacant lots left. Palm Beach Country Estates features quiet country living with no HOA, city water, and close proximity to area amenities such as Alton Town Center and Abacoa.
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Our Executive Mortgage Banker:
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$2,150,000
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 | $1,720,000 | $1,720,000 | $1,720,000 |
| 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 | 6.312% | 6.235% | 6.223% |
| Monthly Tax Payment | $680 | $680 | $680 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,174 | $10,451 | $14,514 |
| Total Monthly Payment | $10,979 | $11,256 | $15,319 |
* 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.