EQUESTRIAN DREAM estate complete with riding rink and luxury barn. Rare oversize 1. 8 AC lot in PBCE. All solid concrete construction 4BR/3A/3 car garage. Fully gated and fenced. High ceiling throughout. Luxury high end finishes both exterior and interior by original specialty owner/contractor. Lavish use of stonework and oversized trim in all areas of the house. True estate within the ''Estates''. Conveniently located in close proximity to paved roadway. Huge circle driveway entrance and parking areas for trailers and/or motorhome/boat. Owned by barrel riding champion and used for training. True equestrians will immediately recognize the enormous value of this property. Truly special. There is no match for this type property in Palm Beach Country Estates. Call to see for yourself.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,258,159
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 | $1,806,527 | $1,806,527 | $1,806,527 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $756 | $756 | $756 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,717 | $11,567 | $15,861 |
Total Monthly Payment | $12,598 | $12,448 | $16,742 |
* 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.