Discover this stunning contemporary ranch nestled in one of Colchester’s most sought-after neighborhoods. The chef's kitchen is a culinary delight, featuring cherry cabinetry, granite countertops, Dacor appliances, and a large skylight. The home boasts cathedral ceilings, open floor plan bathed in natural light, and breathtaking lake views. The great room truly is great, with mahogany wood floors with walnut inlay, Jotul dual fuel fireplace, complemented by a convenient wet bar located off the dining area leading you into the media room featuring tray-ceiling lighting ideal for movies or watching the big game creating privacy with elegant French doors. The primary suite is a luxurious sanctuary, complete with a gas fireplace, a steam shower, and a walk-in closet. Enjoy serene evenings and stargazing from the deck, which is enhanced by a charming pergola with Hot Tub, stone patio with gas firepit perfect space for campfire stories! Radiant heated floors and central A/C ensure year-round comfort. The finished basement offers versatile space ideal for game nights, a media room, a fitness area with a sauna, a renovated bathroom, and a large workshop. The neighborhood includes access to an 800-foot shared sandy beach and a boat mooring for a 40' vessel. The two car garage is ideal with epoxy flooring, cabinetry to keep clean & organized. Additionally, you’ll benefit from proximity to the Colchester Bike Path, schools, marinas, and I-89
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $1,129 | $1,129 | $1,129 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,353 | $5,809 | $7,875 |
Total Monthly Payment | $6,607 | $7,063 | $9,129 |
* 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.