On one of the most desirable streets in Park Shore, this luxury residence by Lutgert Custom Homes is slated for completion by April 2025. This elegant, transitional-style home boasts attention to architectural details that are certain to impress even the most discerning buyer. Beautifully appointed finishes and selections by Soco Interiors abound. Expansive walls of glass allow for a seamless extension of luxury living space. The professionally designed landscaping creates the ideal canvas for the stunning resort-inspired outdoor living area. Complete with innumerable features including a saline pool and spa, loggia with summer kitchen and gas fireplace. This ideal location in the desired area of Park Shore has proximity to myriad shopping, dining and cultural offerings, as well as private beach access and boat slips available for exclusive purchase by residents of Park Shore.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,120,000 | $5,120,000 | $5,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,343 | $1,343 | $1,343 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $32,784 | $32,784 | $44,953 |
Total Monthly Payment | $34,251 | $34,251 | $46,420 |
* 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.