The Richmond III. Awaited Skyline Estates Phase II almost sold out! Only 6 pristine 1-acre+ home sites with public sewer nestled on a gorgeous wooded cul-de-sac road still available. Eight 2, 300 - 3, 500 SF beautiful home styles to choose from all offering smart open floor plans with first floor offices for the way we live today. Many semi-custom modifications available. Pricing from the low $500's to the low $700's. Some standard features include some cultured stone exterior facades (excludes gable), shutters and window mantles, hardwood on first floor, 9' ceilings, oversized windows, gas fireplace, wood deck, c/air, propane gas heat, beautiful kitchens, granite throughout, oversized 5' master shower with custom floor-to-ceiling tiling, double sinks in master and hall baths, dining room with tray ceiling, crown molding and shadow boxing, oversized baseboard moldings on first floor and main entry staircase shadow boxing. The Richmond offers many options of size and bedrooms. This stately home boasts large rooms, possible 2-story family room, 3-5 bedrooms, first floor mud room/laundry, dramatic staircase with extensive railings open to below with sitting area and expansive kitchen - just to start. Just a 7-10 minute walk to Lake Pocotopaug for kayaking, boating & so much more! 7 minute ride to Route 2 and 12 minutes to downtown Middletown offering an array of shopping, restaurants & entertainment. Multi-generational homes w/in-law & 3-car garages available starting at $709, 900.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Primary Bedroom | Upper |
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William Raveis Real Estate
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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 | $491,920 | $491,920 | $491,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,398 | $3,314 | $4,184 |
Total Monthly Payment | $3,490 | $3,406 | $4,276 |
* 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.