Spectacular newer construction waterside townhome with lake views, located in the beautiful hamlet of South Salem and close to New Canaan. This beautifully appointed and spacious home is the perfect choice for a discerning buyer looking for a totally move in ready experience. Check out the low low taxes and HOA fees - fantastic value for this size of home and location. With 3 beds and 4 baths this stunning home has lake views from every level, is full of upgrades and still feels new. Boasting numerous upgrades including LG Smart washer/dryer, garage has two EV connections, Vivint Smart Home System, climate controlled garage, wet bar, grill gas line, whole house surge protector, generator ready and more. The home is very quiet since the developer installed heavy duty insulation to ensure neighbors don't hear one another. The lower level is set up as a recreation area with a wet bar and walk out to a lower patio. The Laurel Ridge development is a tranquil area with attractive amenities including several bathing pools, tennis and basketball courts and the lakeside community with stores, services and a post office all onsite. Looking to downsize or find a weekend retreat - then this a perfect blend of luxury, location and living the life in rural Westchester yet connected to NYC and everything the county has to offer All furniture and gym equipment available by separate negotiation
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,120,000
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 | $896,000 | $896,000 | $896,000 |
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 | $752 | $752 | $752 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,017 | $5,517 | $7,440 |
Total Monthly Payment | $5,894 | $6,394 | $8,317 |
* 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.