Here at 164 South Shore Drive it’s hard not to first be taken by the wall of windows between you and the expansive and elevated view of Wolf Lake. The great room, consisting of the living room, dining area, kitchen and breakfast nook, is flanked by the widest section of the lake. Needless to say, the large lakeside deck has one of the best vantage points there is in this community. Something worth noting, the full walkout basement with 8. 5 ft ceilings has elevated lake views of its own; an amenity that only the marriage of right property and home design could provide. Thoughtfully designed with a first-floor primary suite and two large bedrooms with walk-in closets and large loft space upstairs will allow family and guests to enjoy the view from almost anywhere in this home. Upon looking beyond the obvious of view, form and finish, you will begin to appreciate what you don’t “see” that has gone into the construction of this home: The seller, a contractor, supervised the build himself and did much of the work; the rare home, built by builder for himself and his family. An over-engineered foundation, radiant floor heating on the first, second and basement levels, cherry cabinets and floors, cedar ceiling, high efficiency windows and ductless air conditioning throughout are just a few items of the full list of unique features and amenities available to all prospective buyers. Wolf Lake: 1, 800 private acres of untouched forestland, miles of maintained hiking trails, three pristine spring-fed bodies of water and clubhouse with full calendar of events. Wolf Lake is a community that is unmatched in its natural amenities and desirability while just 90 min from the GWB. One time Wolf Lake membership fee of $5, 250 annual dues of $1, 050. Additional Information: Amenities: Stall Shower, Storage, HeatingFuel: Oil Above Ground,
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,039,999 | $1,039,999 | $1,039,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $905 | $905 | $905 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,069 | $6,574 | $8,776 |
Total Monthly Payment | $7,099 | $7,604 | $9,806 |
* 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.