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Nestled in the heart of Old Woodmere, this beautifully maintained Colonial at 122 Palmyra Avenue sits on an expansive 80x100 double lot, offering a rare blend of classic charm and versatile functionality. Featuring thoughtful additions and a partial basement, this home presents a truly unique opportunity. The main residence boasts a formal living room with sun lit soaring high ceilings, skylights and a wood-burning fireplace, creating a warm and inviting atmosphere. A gracious dining room is great for entertaining, a spacious den , and the updated bathrooms add modern comfort throughout. The primary bedroom is conveniently located on the first floor, providing ease and flexibility. What sets this property apart is its dedicated professional space—great for a home office or business use—with a waiting area, receptionist room, exam room, and 1/2 bathroom. Whether you're an entrepreneur or simply seeking additional workspace, this setup offers exceptional convenience without compromising the home's residential appeal. A rare find in a prime Woodmere location—don’t miss the chance to make this distinctive property your own. Move right in!!!
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Our Executive Mortgage Banker:
$1,380,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $1,104,000 | $1,104,000 | $1,104,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $1,680 | $1,680 | $1,680 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,268 | $6,798 | $9,316 |
| Total Monthly Payment | $8,073 | $8,603 | $11,121 |
* 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.