Welcome to 167 Demott Ave. This expansive home has 3474 sq ft of living space plus an immense-sized property with a private backyard paradise. You enter this home through a grand entry foyer that leads to a formal living room with a wood-burning fireplace surrounded by beautiful built-ins. there is a formal dining room, a large kitchen with sandstone counters, an island, a peninsula, an eating area with french doors & a large window seat overlooking an outdoor haven with a huge heated inground saltwater pool, and a large patio. This home is an entertainer's dream and an oasis for your family. The kitchen flows beautifully into an expansive family room with a built-in wet bar. The 1st floor also features a large office great for anyone who works from home, a laundry room, a pantry, and a powder room. Ascending to the 2nd floor is a huge primary bedroom with a massive walk-in closet, a full bath with 2 sinks, a soaking tub, and a large shower. There are 3 additional generously sized bedrooms with great closets and an updated full bath. There is also a 2-car garage and a large full basement with high ceilings, a workshop, and plenty of storage space. The roof, heating system, and central AC have been replaced within the last 5 years.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | $2,643 | $2,643 | $2,643 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,900 | $6,399 | $8,630 |
Total Monthly Payment | $8,668 | $9,167 | $11,398 |
* 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.