Your Dream Home Has Arrived, Brought To You By A Premier Local Contractor & Builder! Checkout This Stunning 5 Bedroom/3 Bathroom Custom Colonial Greets You With A Two Story Grand Entry Foyer And Features An Airy Open Concept Layout, Stunning Kitchen With Oversized Island & Full Pantry, Dining Area, Formal Living Room, Family Room With Gas Fireplace With Stone Surround & Oak Mantel, 4" Oak Flooring Throughout The House, Designer Bathrooms, Primary Bedroom With En-Suite Bath, Oversized Closet & Dressing Area (Or Home Office Space!), Convenient Large 2nd Floor Laundry Room, Smart-Home Ready With Cable/Cat6, Interior 2 Panel Craftsman Doors, Trim Package Including 3. 5" Craftsmen Casing, 5. 25" Craftsmen Base With Shoe, Full Basement With Egress Window (10 Ft Ceilings On One Side, Other Side Of Basement Is 8 Ft Ceilings) The Exterior Features A Wide Blacktop Driveway With A Paver Surround, Full Paver Path To The Front Door, Covered Porch With Portico, 15x20 Paver Patio In The Backyard, All New Andersen 400 Series Black On Black Windows, And More! This Great Home Is Situated In An Extremely Unique Location Backing The Massapequa Preserve. (With Access Into The Preserve!) To Be Built, Estimated Completion January 2025. Fully Customize This Dream Home To Your Liking, Builder Can Build This Home To Suit Your Style! This Is *Not* Your Typical "Builder/Contractor Grade Home!" Purchasers Are Solely Responsible For Confirming All Information Provided In This Listing. , Additional information: Interior Features: Lr/Dr
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,620 | $7,166 | $9,520 |
Total Monthly Payment | $6,745 | $7,291 | $9,645 |
* 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.