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Brand New Custom Colonial~Nearing Completion! Expected completion in just one month. Don't miss this opportunity to own a beautifully crafted new construction home offering modern finishes, thoughtful design, and unbeatable convenience. This stunning 3-bedroom, 1. 5 bath custom Colonial features hardwood flooring throughout and an inviting open layout perfect for today's lifestyle. The gorgeous kitchen showcases white shaker cabinetry, matching quartz countertops, and a peninsula ideal for entertaining or casual dining. The welcoming living room is highlighted by a cozy gas fireplace-perfect for chilly evenings. Conveniently located off the kitchen is a stylish half bath with an additional section for laundry and has hookups ready for your own washer & dryer. Enjoy the year-round comfort and convenience of central air conditioning and forced hot air heating. Upstairs offers a spacious primary bedroom complete with a small walk-in closet plus an additional closet, along with two other bedrooms and a beautifully finished full hallway bath featuring a subway tied tub/shower. More to love; hardwood flooring in all bedrooms, pull down attic stairs for extra storage, full unfinished basement with an inside and outside entrance -ideal for a future home office, hobby space, gym or future planning. The attached one-car garage provides easy everyday access and extra protected storage space. Charming covered Trex front porch perfect for relaxing in rocking chairs. This home is connected to the sewer-no cesspool worries. Perfectly situated close to shopping, local eateries, parks, and beautiful Smith Point Beach. Customary new construction fees apply and taxes are to be assessed, estimated around $9, 500. This is the perfect blend of quality craftsmanship, modern style, and exceptional convenience-schedule your private viewing and be in your brand new dream home just in time to enjoy the summer!
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Our Executive Mortgage Banker:
$620,000
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 |
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|---|---|---|---|
| Loan Amount | $496,000 | $496,000 | $496,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $792 | $792 | $792 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,054 | $3,132 | $4,119 |
| Total Monthly Payment | $3,938 | $4,016 | $5,003 |
* 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.