Under Construction. NEW CONSTRUCTION UNDER $250K! Looking for something without an outrageous price tag, cheaper insurance and low maintenance? Well you're in luck because this one checks all the boxes! This 3 bedroom, 2 bathroom beautifully constructed concrete block home with a metal roof will boasts an open floor plan and a split bedroom design. You'll fall in love with the modern look of this home with its cathedral ceilings, stainless steel appliance package and luxury vinyl flooring throughout. The home also offers plenty of storage with a large kitchen pantry, dedicated island with multiple soft close drawers, cabinets and electric and a generously sized dedicated laundry room. The bedrooms are each equipped with their own spacious closets and the master bedroom supports an ensuite bath with a gorgeous walk in shower. This home being a under construction comes with the possibility of upgrades (for additional price) and buyers choice for color options, act now! This location is close to parks, shopping, dining and conveniences and would make a great place to call home! PSA- homeowner fee is a small fee for maintenance of shell, gravel and dirt roads in the area and water/ sewer services, there are no deed, historical or association restrictions on these homes it is simply a fee for maintenance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $134 | $134 | $134 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,330 | $1,313 | $1,674 |
Total Monthly Payment | $1,539 | $1,522 | $1,883 |
* 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.