Presenting the meticulously updated and impeccably maintained Newport Model, nestled in the serene enclave of Cove Landing On The Sound. This captivating residence spans approximately 5, 000 square feet and offers a thoughtfully designed floor plan with five bedrooms, three full baths and two half baths. Enjoy breathtaking western waterviews from nearly every vantage point, creating a picturesque backdrop for everyday living. Step into the expansive living room with wood burning fireplace. Sliding glass doors give way to phenomenal water views, fostering a seamless indoor-outdoor connection. The main floor primary suite includes an updated bath complete with a steam shower and spa tub, offering a private oasis of relaxation. Ascend to the second floor to discover an open and airy loft space, along with two generously sized bedrooms and a bath, providing ample space for rest and rejuvenation. The walk-out lower level adds another dimension to this exceptional home, featuring a family room with a fireplace and new sliders leading to the patio, perfect for entertaining or simply unwinding in style. Additionally, the lower level offers guest quarters with a bath, an additional bedroom, storage facilities, a laundry area, and updated energy efficient mechanicals, ensuring convenience and comfort at every turn. Residents of Cove Landing On The Sound are treated to an array of exclusive amenities, including tennis and pickleball courts, a sparkling pool, a boathouse equipped with a kitchen, and a sandy beach-ideal for launching your kayak and exploring the tranquil waters. Don't miss this extraordinary opportunity to indulge in waterfront living at its finest.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,249,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $999,200 | $999,200 | $999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,606 | $1,606 | $1,606 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,595 | $6,152 | $8,297 |
Total Monthly Payment | $7,326 | $7,883 | $10,028 |
* 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.