New Construction To Be Built~The Homes at Lagoon Ridge is a subdivision in Oak Bluffs of stylish, new construction properties. The "Naushon" home design is an elegant 2 bedroom, 3 full and 1 half bath home with over 2500sf of living space. Just off the foyer, the Great Room is open to the kitchen and dining area, offering an ideal space to entertain. The smart kitchen design includes stainless steel Bosch appliances and quartz countertops. For privacy, the main level guest bedroom and en suite bathroom are on the opposite side of the foyer. The spacious primary bedroom suite, on the second level, features a private bathroom with Kohler soaking tub and a tiled walk-in shower. A full bath, laundry room and loft complete this space. Enjoy the spacious backyard from your deck or covered porch and enjoy your perfect Vineyard home. *Renderings are for illustrative purposes only. Construction details are governed by builder specifications and final construction agreement with Builder.
Type | Description | Level |
---|---|---|
Bedroom 2 | Bathroom - Full, Closet, Flooring - Hardwood | Main,First |
Dining Room | Flooring - Hardwood, Balcony / Deck, French Doors | First |
Kitchen | Flooring - Hardwood, Countertops - Upgraded, Kitchen Island, Open Floorplan | First |
Living Room | Flooring - Hardwood, Deck - Exterior, Open Floorplan, Slider | First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood | Second |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,820,000 | $1,820,000 | $1,820,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,191 | $11,059 | $14,992 |
Total Monthly Payment | $10,377 | $11,245 | $15,178 |
* 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.