Welcome to 3 Cardinal Lane, a stunning Colonial Splanch in the highly desirable Elwood School District. Nestled on a sought-after street, this spacious home offers modern luxury and exceptional comfort. The updated kitchen showcases elegant granite countertops, stainless steel appliances, and ample space for entertaining. Step outside to your private oasis, featuring a large L-shaped 20x40 pool with a 12x15 shallow end. The backyard also includes a generous 12x16 shed for extra storage. Inside, the expansive family room with a cozy wood-burning fireplace provides a warm atmosphere for relaxation, while the formal living room impresses with vaulted ceilings and hardwood floors beneath plush carpeting. Upstairs, you'll find two luxurious primary bedrooms, each with ensuite bathrooms and walk-in closets, plus two additional spacious bedrooms and a third full bathroom. The versatile first-floor bedroom can easily double as a home office, and the half bath can be converted into a full bath for added convenience. The home also features a one-car garage and a partial basement, currently used as a home gym and storage area. This home offers the perfect blend of elegance, functionality, and space. , Additional information: Separate Hotwater Heater: Y
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,502 | $1,502 | $1,502 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,254 | $4,605 | $6,118 |
Total Monthly Payment | $5,848 | $6,199 | $7,712 |
* 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.