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Presented by
Mary Ellen Madden |
Welcome to The Oaks at Hope Furnace, one of Kent County's most desirable new communities offering a rare blend of privacy, beauty & convenience. Surrounded by 45+ acres of preserved open space, this peaceful, safe neighborhood features stunning new construction homes on spacious homesites, with nearly all 32 homes sold making this one of the final opportunities to join a thriving, welcoming community. Residents enjoy quiet streets, friendly neighbors & a true sense of retreat, all just minutes to top schools, shopping, dining, recreation & I-95. Set on a premium corner 1+ acre lot, this newly completed Magnolia model is move-in ready & designed for modern living. The open floor plan showcases a gourmet kitchen with quartz countertops, custom cabinetry & high-end Caf appliances, flowing into a sun-filled living room with coffered ceiling & gas fireplace. A tray ceiling dining room with custom millwork adds elegance, while sliders lead to a large composite deck ideal for entertaining. Upstairs features a spacious primary suite, oversized bonus room, 3 additional bedrooms & laundry. Full basement for storage & a fully insulated, drywalled garage complete this exceptional home. Experience one of Kent County's final opportunities to own in this exceptional neighborhood.
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:
Our Insurance Division:
$865,000
REALTOR
William Raveis Real Estate
Phone: 978.509.3134
MaryEllen.Madden@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $692,000 | $692,000 | $692,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,821 | $4,149 | $5,746 |
| Total Monthly Payment | $3,913 | $4,241 | $5,838 |
* 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.