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Nestled on a lovely tree-lined street in the highly desirable Biltmore Shores neighborhood, this charming Farm Ranch offers warmth, character and endless potential to create your dream home. A welcoming front porch adds to the home's curb appeal and provides the perfect place to relax on quiet evenings. This spacious home offers room for everyone, with a versatile layout designed to meet all of your family's needs. The first floor primary bedroom boasts its own private en-suite bath, offering convenience and privacy. A formal living room welcomes you with a large wood-burning fireplace adorned with a custom wood mantle, creating the perfect cozy gathering space. The formal dining room is ideal for hosting holidays while the eat-in-kitchen features granite countertops and ample space for casual dining. Beautiful hardwood flooring flows throughout the home adding timeless charm. Just off the dining room, a bonus room provides the perfect opportunity for a home office or den. The full basement offers abundant storage and potential for extra living space. Deeded rights to Biltmore Beach Club gives you access to one of the area's most sought after waterfront communities. With charm, space and incredible potential, this is your opportunity to make this special home your own. Come bring your vision and make this your dream home today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.349% | 6.058% |
| Monthly Tax Payment | $1,308 | $1,308 | $1,308 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,371 | $5,828 | $8,030 |
| Total Monthly Payment | $6,804 | $7,261 | $9,463 |
* 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.