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Welcome to 116 Hamilton Terrace, a beautifully maintained lakefront home nestled within a sought-after gated community in Royal Palm Beach. This inviting residence offers generous living spaces filled with natural light, complemented by a spacious eat-in kitchen featuring abundant cabinetry and a seamless flow into the warm, welcoming family room—perfect for everyday living and entertaining. Step outside to a tranquil patio where peaceful lake views create the ideal backdrop for morning coffee or evening relaxation. Each bedroom is thoughtfully sized, while the primary suite serves as a true retreat, complete with a luxurious en-suite bath and a soothing Roman tub. Beyond the home itself, residents enjoy access to an array of resort-style amenities including a clubhouse, sparkling pool and spa, fitness center, tennis courts, and recreational areas for all ages. Located within a highly regarded Wellington school zone, this home also offers unbeatable convenience with close proximity to major highways, premier shopping and dining destinations, nearby international airports, and South Florida's stunning beaches. This is more than just a home—it's a lifestyle defined by comfort, community, and scenic beauty.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $2,800 | $2,800 | $2,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $17 | $17 | $23 |
| Total Monthly Payment | $92 | $92 | $98 |
* 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.