Enjoy the serene hammock oaks and ocean breezes in the totally custom and gated community of Cinnamon Grove Village. This beautiful 3 BR/2. 5 bath home is the newest custom addition to this exclusive neighborhood of only 12 properties. Design inspired by a Nassau Bahamas traditional coastal townhome with added amenities of salt water pool with lanai and primary suite on main level. Fenced. Fully landscaped with environmental drip irrigation and no grass to mow! Tankless gas water heater, all windows are Low E hurricane IMPACT rated, foam insulation for low electric bills. Architectural standing seam alum metal roof with gutters and custom rain chains. Custom built-ins, shelving, and a mud room bench in laundry. Dedicated large secure storage room on 2nd floor. Office/Den on 2nd floor. Garage has custom epoxy floor coating and a secure storage closet. CGV community enjoys its own gated access to the Hammock Dunes Parkway canopied sidewalk. . . walk, bike, or golf cart to the beach or the resorts, even Publix. Jungle Hut Beach is only a few minutes away. The sound of the ocean can be heard at night and in the morning, it's charming. Don't live in a crowded community, live here! All of the clubs are only minutes away. This is not a cookie-cutter home! Disclosure: Listing Realtor/Owner.
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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 | $783,920 | $783,920 | $783,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $97 | $97 | $97 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,020 | $5,084 | $6,829 |
Total Monthly Payment | $5,209 | $5,273 | $7,018 |
* 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.