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Tucked into a single-family community on Peach Lake, this updated three-bedroom one-level bungalow sits on a double lot overlooking Pehquenakonck Country Club golf course in North Salem. Peach Lake is one of the few local lakes where motor boats are welcome and summer feels a little longer. Stunning gardens lead you home. Inside, bright, spacious rooms balance everyday ease with room to gather. The spacious entry with closet opens to Living Room which flows into a Family Room that could easily flex as a home office or fitness space. The Primary Bedroom and Second Bedroom are just off the family room. Primary offers a dressing area with closets and a full tiled bath with new vanity, Second includes its own sitting room, and Third Bedroom is privately set toward the front of the home. The dine-in Kitchen has been fully renovated (2022) to offer stainless steel appliances, generous counter space and a propane stove. Luxury vinyl flooring throughout most of home. Second full bath with spa tub and new vanity is located off hallway with generous closet spaces. Laundry Room and Mechanicals are on same level. Dryer and Hot Water Heater 2022. Out back, a huge deck opens to level land made for long summer days, plus two storage sheds. Beyond the front door: a beach, dock, playground, and fireworks over the lake are just moments away. Private well, propane heat, public sewer.
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Our Executive Mortgage Banker:
$498,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $398,400 | $398,400 | $398,400 |
| 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 | $822 | $822 | $822 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,389 | $2,486 | $3,282 |
| Total Monthly Payment | $3,286 | $3,383 | $4,179 |
* 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.