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Presented by
Dori DeGennaro |
Have you been DREAMING of a new construction home but don't have the time to wait for it to be built? Say HELLO to 16 Melrose Drive! This Nearly New construction Colonial is 3 years young and offers the perfect blend of modern design and timeless charm. This beautifully maintained home features a thoughtfully designed layout with today's lifestyle in mind. This home features a bright and open floor plan, high ceilings, and high quality finishes throughout. The "Chef's Kiss" kitchen has the PERFECT layout and the perfect workflow with the essential oversized island and quartz countertops. Upstairs, the expanded primary suite has a walk-in closet that dreams are made of and a luxurious en-suite bath. Additional bedrooms are generously sized with ample closet space. There is no need to be concerned with rising electricity costs with this home! The solar panels are fully paid so that you can enjoy zero cost electricity with no monthly lease payment. Enjoy peace of mind with all of the benefits that newer construction has to offer, energy efficiency, and modern systems-all set on a well-maintained property in a convenient and sought-after location. Professional Photos coming soon!
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Dining Room | Main |
| Eat-In Kitchen | Main |
| Living Room | Main |
| Office | Main |
| Primary Bedroom | Upper |
| Study | Main |
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:
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For homebuyers and sellers, our Attorney Network:
$1,350,000
Broker Associate
William Raveis Real Estate
Phone: 860.301.7794
Dori.DeGennaro@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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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 | $1,080,000 | $1,080,000 | $1,080,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.806% |
| Monthly Tax Payment | $1,771 | $1,771 | $1,771 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,964 | $6,389 | $8,896 |
| Total Monthly Payment | $7,860 | $8,285 | $10,792 |
* 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.