Presented byThe Bay to Bay Team |
One or more photo(s) has been virtually staged. PRICE IMPROVEMENT! After recent storms, we understand that safety is a top priority for your family. This home offers the security and peace of mind you seek. Built by DR Horton, this two-story block home stands out, as most builders do not use such robust construction. Adhering to the latest building codes, this home ensures top-notch structural integrity. A wind mitigation certificate can be obtained for the roof, potentially lowering your insurance costs. Located in flood zone X, no flood insurance is required by your lender. Remarkably, no evacuation orders were issued for this community during Hurricanes Helene or Milton, and the home experienced no water intrusion or damage, aside from a few displaced fence panels. Additionally, the home is equipped with hurricane shutters for extra reassurance in storms. This residence offers not just comfort, but reassurance for your family’s safety. So why wait to build when you can move right into this beautifully designed, recently constructed 5-bedroom, 3-bathroom home? Thoughtfully laid out, it features a first-floor bedroom and full bath, perfect for an in-law suite, nanny’s quarters, or guest room. The bright, open living, dining, and kitchen area is adorned with stylish fixtures and lighting, new LG appliances, a glass backsplash, and a walk-in pantry, complemented by updated low-maintenance LVP flooring. The upper level offers three large bedrooms, a loft area, and a grand master suite provides ample space for your family. The second floor features upgraded high-quality carpet throughout, adding an extra touch of luxury and comfort, a second-floor laundry room, equipped with Maytag washer and dryer, and built-in shelving, adds convenience. Your outdoor oasis includes a new screened lanai with water views and a fenced yard. The large two-car garage offers overhead storage racks. Additional features include a smart thermostat and a security system. This home is brimming with features to enhance your modern lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
Sales Associates
William Raveis Real Estate
Phone: 248.756.4802
TheBayToBayTeam@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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,291 | $2,260 | $2,867 |
Total Monthly Payment | $2,768 | $2,737 | $3,344 |
* 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.