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Located in Somers, this home features two bedrooms plus a versatile loft space, offering flexibility for a home office, media room, or additional living area. The spacious kitchen is appointed with custom quartz countertops, maple hardwood cabinetry, and stainless steel appliances, and opens seamlessly to the family room with sliding glass doors leading to a deck, creating an ideal space for both everyday living and entertaining. The primary bedroom includes a walk-in closet and an expansive full bathroom with a double quartz vanity and walk-in shower. A drain has already been installed beneath the flooring should the next owner wish to add a soaking tub, additional vanity, or dressing area. The second level also offers another bedroom, a full hall bathroom, a convenient laundry room, and a large den/media room or home office with a closet and separate storage room. The full basement provides additional living space with a family room, full bathroom, and a second laundry hookup located in the utility room, offering excellent flexibility for extended living or guest space. The oversized garage features 9-foot ceilings, 9-foot-wide bay doors, and both hot and cold water connections. Additional features include high-efficiency Marley hydronic electric baseboard heating, which uses fluid-filled elements designed to retain warmth even after the thermostat turns off, along with programmable digital thermostats, a poured concrete foundation, and an oversized water line. The stove is already plumbed for propane should the new owner prefer gas cooking. The home also includes a secondary electrical panel on the second floor, with the main panel located in the garage. High-end finishes throughout include red oak flooring, Italian porcelain tile, and a Trane central air-conditioning system, along with many additional quality upgrades. Central air conditioning serves the upper floor, while the main level is equipped with efficient wall units. Optional lake membership is available, providing access to a private beach and clubhouse. Taxes are estimated based on the current assessment. Put "10 Cottonwood Dr, Mahopac, NY 10541" in your gps, it will put you right across the street from 7 Tulip. The home is on the corner of Cottonwood and Tulip.
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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 | $719,920 | $719,920 | $719,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,500 | $1,500 | $1,500 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,031 | $4,316 | $5,978 |
| Total Monthly Payment | $5,623 | $5,908 | $7,570 |
* 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.