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Location, Location, Location. This 6 bedroom, 5 bath home is located only minutes from Downtown West Palm Beach and the Island. Newer Roof in 2021, Impact Windows, Whole Home Generator and Guard Gated Entry add to your feeling of security while Jenn-Air, Miele and Subzero Appliances as well as new flooring in all bedrooms add to the luxury feel of this home. 1/3 of an acre lot gives you shoulder room and privacy. This home was built for living, working and entertaining! Experience the stunning Skyline view of West Palm Beach across the long lake view from your pool or backyard. Several of the bedrooms lend themselves to Office use while a private suite near the Garage is a great option for Multi Generational Living or an Au Pair. Welcome to Presidential Estates tranquil living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,200,000
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 | $2,560,000 | $2,560,000 | $2,560,000 |
| 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 | 6.289% | 6.235% | 6.183% |
| Monthly Tax Payment | $906 | $906 | $906 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,143 | $15,555 | $21,603 |
| Total Monthly Payment | $16,174 | $16,586 | $22,634 |
* 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.