Welcome to The Cottages at River Hill-the perfect cohesion of modern amenities and cottage charm surrounded by pastoral, river and sunset views. Enter into this bright 3 bedroom home from the charming farmers porch and be captivated by its beauty. Built in 2016, this young home offers an exceptional open floor plan with a chefs kitchen that flows effortlessly into the dining area and living room featuring a fireplace & open staircase adorned by custom built ins. The first floor is complete with a large primary en-suite with walk-in shower, 1st floor laundry and direct access to the 1 car garage. On the second floor there are 2 spacious bedrooms, ample storage and a full bathroom. The lifestyle at The Cottages at River Hill is unlike any other- built around a vision of fostering a vibrant neighborhood it offers a community park with a fireplace, community garden and trails! Explore the 18 acres of conversation land, the river or take a quick drive to Newburyport! *NO age restrictions!*
Type | Description | Level |
---|---|---|
Bedroom 2 | Walk-In Closet(s), Flooring - Wall to Wall Carpet | Second |
Bedroom 3 | Closet, Flooring - Wall to Wall Carpet | Second |
Dining Room | Flooring - Hardwood, Lighting - Overhead | First |
Kitchen | Flooring - Hardwood, Kitchen Island, Lighting - Pendant, Lighting - Overhead | First |
Living Room | Flooring - Hardwood, Open Floorplan, Recessed Lighting | First |
Master Bedroom | Bathroom - 3/4, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Handicap Accessible, Lighting - Overhead | First |
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Our Executive Mortgage Banker:
Our Insurance Division:
$709,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $567,920 | $567,920 | $567,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $616 | $616 | $616 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,778 | $3,775 | $4,869 |
Total Monthly Payment | $4,486 | $4,483 | $5,577 |
* 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.