Beautiful Large Colonial in the Island Estate Community This stunning 5-bedroom, 3. 5-bath Colonial, built in 2004, is located in the desirable Island Estate community. Highlights include an eat-in kitchen (EIK) with a large pantry, a formal dining room, a home office, and a cozy den/family room. The home features original roof, windows, sprinkler and alarm systems, and a central air vacuum. The boiler was replaced just 2 years ago, and a circular driveway was added in 2006. Spacious interiors with wood flooring throughout French doors lead to a beautiful, tree-lined backyard High ceilings with recessed lighting and elegant fixtures Primary bedroom includes a full en-suite bath Huge, finished basement with dual stairway access-perfect for guests or family stays 2-car garage and paved driveway This is the second-largest house on the block, ideal for family living with schools, daycare, shopping nearby, and the beach a short drive away. Offering both convenience and charm, this home is ready for new memories.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,830 | $1,830 | $1,830 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,446 | $5,984 | $8,030 |
Total Monthly Payment | $7,401 | $7,939 | $9,985 |
* 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.