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A rare opportunity to own brand new construction in Spruce Estates, one of southern Putnam County's most convenient commuter locations. Tucked away on a quiet cul-de-sac in the Town of Southeast, this 3 bedroom, 2. 5 bath Colonial offers 1, 980 square feet of thoughtfully designed living space. The main level features 4 inch wide 3/4 inch oak hardwood floors, a formal dining room, oversized great room, and a spacious eat in kitchen with a pantry, center island, and GE appliances. Upstairs, the primary suite includes a walk in closet and private bath with a soaking tub and separate shower, along with two additional bedrooms and a full hall bath. Designed for efficiency and long term savings, the home is equipped with an all electric high efficiency Bosch heat pump system providing heating and central air conditioning, along with a Bradford White AeroTherm heat pump water heater for domestic hot water with cost efficient NYSEG service as your system backup. By eliminating the need for oil or gas, these advanced systems provide year round comfort, lower maintenance, improved energy efficiency, and the convenience of modern all electric living. A wide 36 ft reed front porch spans the full length of the home and offers the perfect place to sit back and relax, while the full basement offers outstanding potential for future finished living space. Additional highlights include a two car garage, walk up attic storage, and an irrigation system for the foundation plantings. Conveniently located just minutes from I 84, I 684, Metro North, 15 minutes from the Danbury Fair Mall, and dining, this home offers the increasingly rare opportunity to own brand new construction in a quiet cul-de-sac with exceptional commuter convenience and the peace of mind that comes with new, energy efficient mechanical systems.
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Our Executive Mortgage Banker:
$826,000
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 | $660,800 | $660,800 | $660,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,105 | $1,105 | $1,105 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,752 | $3,962 | $5,576 |
| Total Monthly Payment | $4,949 | $5,159 | $6,773 |
* 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.