Welcome home to 29 Medalist Drive in one of Rehoboth's most coveted neighborhoods-Hillside Estates. Set far from the road on a private, tree lined lot, this gorgeous new construction colonial checks every box. The 1st floor features a flowing open concept living space. The kitchen is an entertainer's dream, with quartz countertops, butler's pantry, massive island, and dining nook that opens to a sun drenched living room with sliders overlooking the back deck, and a beautiful floor to ceiling stone fireplace with a gas stove insert. The formal dining room, home office, and 1/2 bath complete the 1st floor. The 2nd floor features 4 large bedrooms, including a primary suite with double walk in closets and a stunning primary bathroom with a double vanity and tiled walk in shower. A 2nd full bath and laundry room complete the upstairs living space. Hardwood floors shine throughout. Do not miss this rare opportunity to make Hillside Estates home with this quality, custom built gem.
Type | Description | Level |
---|---|---|
Bedroom 2 | Second | |
Bedroom 3 | Second | |
Bedroom 4 | Second | |
Dining Room | First | |
Kitchen | Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove | Main,First |
Living Room | Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Gas Stove | Main,First |
Master Bedroom | Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting, Closet - Double | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $680 | $680 | $680 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,720 | $5,201 | $7,242 |
Total Monthly Payment | $5,525 | $6,006 | $8,047 |
* 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.