Pre-Construction. To be built. READY MARCH 2025. Introducing the Adair II - a luxurious, single story, open floorplan that will exceed your expectations. With four bedrooms, two and a half baths, and 2060 square feet of living space, this home is thoughtfully crafted with space, adaptability and style in mind. As you enter through the covered entry, and into the foyer, you are welcomed by a grand hallway and two guest bedrooms with a bathroom. Moving forward down the hall, you'll find the heart of the home - the kitchen, great room, and adjoining dining area. Natural light filters in, creating an inviting ambiance, perfect for relaxing with loved ones. Sliding glass doors from the Great Room to the lanai, allows the outside to blend seamlessly with the inside, producing an entertaining area your guests will enjoy for any event. When it's time to retire for the day, the owner's suite awaits you in a private corner of the home. It features a spa-like bathroom with dual sinks, a fully tiled shower enclosure, and a generously sized walk-in closet. An additional bedroom plus a powder room for guests complete the floorplan. But that's not all! 9'4" ceilings, 8' doors, 42" upper kitchen cabinetry, granite countertops, 17x17 tile in all wet areas and family room, and gentleman-height bathroom cabinetry are all included, elevating your living experience, before you even begin to personalize this adaptable plan. Summerlake Reserve is an intimate community of 41 homesites, nestled in a tranquil setting, with the convenience of being close to everything Horizon West has to offer; A rated schools, shopping, dining, & entertainment! DISCLAIMER: Photos and/or drawings of homes may show upgraded landscaping, elevations and optional features that may not represent the lowest priced homes in the community. Pricing, Incentives and Promotions are subject to change at anytime. Promotions cannot be combined with any other offer. Ask the Sales and Marketing Representative for details on promotions. *Elementary School: Panther Lake Elementary *Middle School: Hamlin Middle School *High School: Horizon High School
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $510,704 | $510,704 | $510,704 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,398 | $3,394 | $4,307 |
Total Monthly Payment | $3,490 | $3,486 | $4,399 |
* 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.