Welcome to this exquisitely maintained home nestled in The Estates at South Cove, an exclusive gated community with 47 executive homes. Step into luxury with this meticulously crafted M/I home, the Grandshore II model. This home boasts 5 bedrooms and 4. 5 bathrooms with a media room, bonus room, in-law suite and a den. Upon entering the home, you are greeted by a wide entry way with an adjacent dining room and den. The den has been upgraded with a beautifully designed barn door for privacy. As you make your way through the first floor, you will be in awe of the open floor concept and size of the great room and kitchen which make for a wonderful gathering space for family and friends. With large cabinets and an extended butler's pantry, the kitchen is a culinary sanctuary with a double oven, large island, expansive counterspace and ample storage.
As an added incentive, adjacent to the kitchen is a bedroom that can be used as an in-law suite with a private bathroom. This bedroom is the only bedroom on the first floor and offers ample privacy for your overnight visitors.
On the second floor, you will find an oversized bonus room, wet bar with wine cooler, a large laundry room plus a separate media/theater room that is perfect for family movie nights or gaming with friends. The second floor is also home to four bedrooms, and three bathrooms, including the master bedroom and a bedroom with a private, en suite bathroom. Speaking of master bedrooms, unwind after a long day in your tranquil owner's retreat. The spacious master suite is a haven with two walk in closets, double vanities, beautifully tiled shower and large tub. The backyard is an oasis with a covered patio plus a heated pool and spa. The backyard backs up to a conservation area for additional privacy. Imagine hosting unforgettable evenings poolside in your backyard escape. This home also features the M/I 15 year warranty that transfers to new owner. Call today for your showing! You don't want to miss this.
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $618 | $618 | $618 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,482 | $4,540 | $6,146 |
Total Monthly Payment | $5,192 | $5,250 | $6,856 |
* 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.