Love living in a historic neighborhood but not as enamored by the heavier maintenance requirements of a historic home? Welcome to 426 East 5th Street, a pristine, newly constructed home in the heart of the Historic Springfield neighborhood. This stunning property features 3 bedrooms, 2. 5 bathrooms, and sits on a deep lot, offering both modern living and ample outdoor space. The large loft on the second floor could be a den or playroom. With its thoughtful design and high-end finishes, this home provides the perfect blend of contemporary comfort in a charming historic district. Characterized by a light and bright interior, lots of windows and four outdoor porches/balconies. The kitchen is located at the heart of the home and features a large and expansive island with quartz countertops. The primary ensuite is luxurious with its own private balcony, large bathroom, soaker tub and stand-alone shower. Preferred lender will credit $3000 towards closing costs for qualified buyers
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $87 | $87 | $87 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,033 | $2,959 | $3,736 |
Total Monthly Payment | $3,211 | $3,137 | $3,914 |
* 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.