Classic Contemporary. . . . located on a quiet cul-A de-sac and situated on nearly an acre. With an easy flow floor plan, this home is ideal for entertaining and hosting large gatherings. The heart of the home is the kitchen, with ample cooking/counter space, an eat in area that flows into the fireplaced family room. The formal dining room is just adjacent to the kitchen. Beyond the dining room is the formal fireplaced living room with sliders that lead to the impressive deck and backyard. On the second level you'll find a handsome primary ensuite with vaulted ceilings a spa like bath, walk in closet and sliders to a private deck. 2 more generous sized bedrooms and a full bath compete the this level. An outdoor patio kitchen and stunning covered deck are perfect for summer barbecues and get-togethers. All this and just a few minutes drive to Padanaram Village with it's shops, New Bedford Yacht Club, restaurants and the white sandy beaches
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Our Executive Mortgage Banker:
Our Insurance Division:
$929,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $743,200 | $743,200 | $743,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $452 | $452 | $452 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,337 | $4,698 | $6,272 |
Total Monthly Payment | $4,881 | $5,242 | $6,816 |
* 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.