Under contract-accepting backup offers. This is the one * Quality built by Coachman Homes in the beautiful GATED community of The Hammocks * "A" RATED SCHOOL DISTRICT * This Family Estate Home features 4 Bedrooms & 4 Full Baths PLUS a Den/Office AND a Separate UPSTAIRS Bonus Room * UPSTAIRS also includes a Media Home / Home Theater AND the 4th Bedroom & 4th Bath with Patio Deck * All other Bedrooms are DOWNSTAIRS * Executive Chef's style Kitchen showcases a VIKING GAS COOK-TOP, upgraded Kitchen Aid stainless steel appliances, 2 walk-in pantries, solid wood cabinets, granite countertops PLUS an island breakfast bar & a large eat-in nook * Your Kitchen is open to the Family Room with a cozy GAS FIREPLACE * The Primary Suite is a true retreat - this room is 29 feet long with a private sitting area, and it has a Spa-style Bath with walk-in shower, separate tub, dual vanities & large walk-in closets * Formal Living Room & a Formal Dining Room * Of the two downstairs Guest Bedrooms, one of them is an En-suite OR could be a second Primary Suite * This home will not disappoint * PRIVATE SETTING ON A LARGE GREENBELT * NO NEIGHBORS TO THE REAR * OVERSIZED COVERED Lanai areas with a Custom Pool & Spa PLUS a Summer Kitchen * This home has been METICULOUSLY MAINTAINED - PRIDE OF OWNERSHIP SHOWS! * 2nd floor IMPACT GLASS WINDOWS, and Shutters for the 1st Floor * Volume ceilings with crown molding * Many custom built-ins * The perfect home for entertaining or simply relaxing in your slice of paradise * LOW HOA FEES & NO CDD! *
The Hammocks community boasts winding sidewalks, 2 gates and a new playground to be installed. It's the perfect location within minutes to Rothenbach Park, several golf courses, shopping, restaurants, "A" rated schools, and medical facilities. So convenient to the world renowned Siesta Key Beach, Downtown Sarasota and St Armand's Circle. This beautiful home is the perfect combination of luxury, privacy and security and is truly one of a kind with something for everyone! * One look & you'll fall in love *
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,145,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $916,000 | $916,000 | $916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $582 | $582 | $582 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,865 | $5,865 | $8,042 |
Total Monthly Payment | $6,572 | $6,572 | $8,749 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.