LOCATION, LOCATION !!! Live in luxury across from the beach, and be part of the Woodmont community. Enter your home into the expansive living room/dining room with large windows and great views of Long Island Sound. The home's floors are polished bamboo. The window treatments are all custom designed, and the room also features a wet bar. Open the sliders to the vine covered patio where guest can enjoy a delicious meal cooked on the gas grill. The ample sized kitchen is next with custom cabinetry, granite counter tops and a tile floor. Prepare sumptuous meals on the gas range and enjoy a beverage from the 12 bottle wine cooler. The kitchen has a walk-out to the private backyard. Back in the house, walk up the stairs to the primary bedroom which boasts a large walk-in closet, white washed wood floors, a full bath with and a steam bath option and water jets. In addition, there's a walk-out to a deck overlooking the gorgeous seascape. This level also has an additional room which can be a bedroom. Wait, there's more! The 3rd level has a bedroom with a half bath a Jacuzzi style tub with water jets. The is also a walk-out to a private deck. On that level there's also a smaller room which can serve nicely as a quiet space for curling up with a good book. THERE IS NO FLOOD INSURANCE REQUIRED
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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 | $1,360,000 | $1,360,000 | $1,360,000 |
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 | $1,280 | $1,280 | $1,280 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,722 | $8,485 | $11,385 |
Total Monthly Payment | $9,127 | $9,890 | $12,790 |
* 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.