Step into serenity with this pristine, move-in ready condo, tailored for 55+ residents—but here's the best part: this community is currently open to buyers under 55! Exuding warmth and elegance, a welcoming foyer introduces gleaming hardwood floors and a two-story cathedral ceiling. Natural light radiates through an array of windows, illuminating a cozy living room complete with an electric fireplace and built-in shelving. In the heart of the home is a stunning kitchen, tastefully appointed with cherry cabinets and quartz countertops. Enjoy your morning coffee and immerse yourself in the charm of a three-season room, covered in shiplap with panoramic views of a secluded backyard with wooded views. A nearby first-floor bedroom offers the convenience of single-level living, complemented by a full bathroom and laundry area. Upstairs, the open loft is a great additional living space and is fully wired for a surround sound system. An oversized primary bedroom, full bathroom, and bonus office space can also be found on the second floor. The expansive unfinished basement offers potential for extra living space, featuring daylight and sliders that provide access to the outdoors. Indulge in the essence of low-maintenance living in the esteemed Sherwood Glen community. This immaculate unit comes with the rare privilege of three parking spaces, including a garage. Discover your forever home at 16 Arrow Lane and uncover the charm of Sherwood Glen living!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $351,920 | $351,920 | $351,920 |
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 | $486 | $486 | $486 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,341 | $2,339 | $2,968 |
Total Monthly Payment | $2,902 | $2,900 | $3,529 |
* 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.