* NEW CONSTRUCTION * See MLS 1355877 & 1355875 for additional styles, see plat map attached for available lots. Welcome to Sterling Hills Estates, where luxury meets convenience! This Brand New 2024 to be built Ranch offers the epitome of modern living in a Planned Unit Development. With Central Air and Hardwood flooring throughout, this home boasts City water and Sewer for added comfort. Picture yourself in the Gorgeous Granite Kitchen, complete with a view of the valley! Enjoy the ease of a maintenance-free lifestyle, including lawn, road maintenance, and snow removal for just $140 a month. This one-of-a-kind home sits at the end of a cul-de-sac amidst fine homes, offering privacy and prestige. With a lower level ready for your personal touch, plus a 2-car garage and a paved driveway, convenience is key. Located right on the RI & CT Line, commuting is a breeze. Choose from Three Models, a Ranch, Raised Rance or Colonial and personalize your finishes! Experience Quality Craftsmanship & Construction with high-end finishes, including gourmet granite kitchen, crown molding, and sleek vinyl siding. This private community on the Rhode Island & Connecticut Line offers proximity to major routes & highways, making this the perfect opportunity to own your dream home in Sterling Hills Estates. Additionally, Phase II offers 16 lots and 2 commercial lots, all with approved plans and infrastructure ready for use. Access is off Main Street, ensuring convenience and accessibility.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $327,920 | $327,920 | $327,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,127 | $2,100 | $2,723 |
Total Monthly Payment | $2,202 | $2,175 | $2,798 |
* 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.