This Luxurious 3500Sqft New Construction will be situated on Oversized 85x100 Property in the Incorporated Village of Massapequa Park. This Home is the Perfect Dream Home you have been searching for. A Grand Open Floor Plan, 2 Story Entry Hall, 9ftFt Ceiling on the 1st Floor, A Spacious Living Room, Banquet Dining Room, a Fabulous Sundrenched Entertainment Room w/Gas Fireplace, A Designer Chef's Eat in Kitchen that Boasts a Center Island w/Granite/Quartz Counter Tops, Stainless Steel Appliances, and plenty of Space for Cooking and Gatherings. The Main Level also Features a Office/Guest Bedroom and Full Bath. The Second Floor features a Grand Primary Bedroom En Suite, a Spacious WIC, Custom Designed Bathroom w/Separate Shower & Soaking Tub, & Double Vanity. In Addition, there are 4 Bedrooms, Family Bath, along with a Laundry Room for Convenience. This Home is Filled with Luxurious details such as Red/White Oak Flooring, Gas Heating, Central Air Conditioning & Custom Mill Work. This Home Will Feature a 8ft High Basement which is an added Bonus. The 2 Car garage offers convenience & Protection for your Vehicles. Make this Your Next Dream Home and Start Entertaining. . .
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,585,000
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 | $1,268,000 | $1,268,000 | $1,268,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,100 | $7,807 | $10,530 |
Total Monthly Payment | $7,225 | $7,932 | $10,655 |
* 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.