Welcome home to 521 Spaulding Lake Drive! This beautiful 4-bedroom, 4. 5-bathroom English cottage in Spaulding Farm subdivision offers scenic lake views from almost every room, a 2-story great room with a hand cut stacked stone fireplace, a formal living room, a formal dining room, and a gourmet kitchen. Also featured are two suite style bedrooms on the main level including the primary bedroom, two bedrooms upstairs with a jack and jill bathroom, a fully finished walk out basement with a full bath perfect for entertaining or relaxing, a separate storage room, a greenhouse room off of the laundry room, an oversized two car garage with a finished office/flex room above, and a brand new 1200sqft trex deck, built in gas fireplace and a built in Lang smoker. This home HAS IT ALL. Recent updates include a new HVAC unit and fresh paint throughout the upstairs, the garage, and the porches. Spaulding Farm offers award-winning schools, a clubhouse, 2 pools, tennis courts, an exercise facility, a walking trail, and playground. Spaulding Farm is a wonderful place to call home! Schedule your showing today to discover why this should be your next home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $367 | $367 | $367 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,562 | $5,635 | $7,666 |
Total Monthly Payment | $6,054 | $6,127 | $8,158 |
* 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.