Waterside Builders and MHK present this unrivaled New Construction opportunity on a . 36 acre corner lot in Park Shore. Luxury living with this open and sprawling 5 bdrm, 2 story home with so many thought-out details utilizing every space to its fullest potential. Unique spaces include a long inviting front porch to enjoy coffee, loft area for youth to hang out, 434 sq ft of covered outdoor living space w/kitchen and electric screens. Wake up in the Master suite with the zero corner sliders open for an unobstructed view of the sun beaming on the negative edge pool. Entertaining will be delightful in your gourmet kitchen with large island and additional Butlers Kitchen. Elevator for easy access to 2nd floor and generator for storms. Top quality craftsmanship throughout and just completed in Nov of 2024. Park Shore is nestled among world renowned shopping & dining experiences and minutes from top rated sandy beaches. Park Shore beach membership available.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$9,455,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,564,000 | $7,564,000 | $7,564,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,617 | $1,617 | $1,617 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,060 | $48,433 | $66,411 |
Total Monthly Payment | $50,802 | $50,175 | $68,153 |
* 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.