Welcome Home to 8 Milk Street, the latest one-of-a-kind residence from the most sought after luxury home builder in town - whose stylish, signature designs pay homage to the past and deliver BIG on Luxury and Livability. This is the first of 4 units being offered for sale, with all slated for completion in March, with features that include a richly appointed first floor Primary Suite, Soaring ceilings, gorgeous Mud Room entry, a sunny Chef's kitchen w/top-of-the-line appliances, and a Park Avenue-style fireplace wall that sets an exquisitely cozy, luxurious scene. Private back deck with built-in barbecue & 6-person seating, 2 off-street parking spots, and an exclusive use, fenced-in garden w/optional automatic Generac hookup. A great opportunity to live in the heart of Joppa where demand is at historic highs-just 3 blocks from the trendy shops and restaurants of downtown, and close to Perkins Park, the waterfront, the Clipper City Rail Trail, and more.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting, Lighting - Overhead, Half Vaulted Ceiling(s) | Second |
Bedroom 3 | Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Overhead | Second |
Dining Room | Vaulted Ceiling(s), Flooring - Hardwood, Recessed Lighting, Lighting - Pendant | Main,First |
Kitchen | Bathroom - Half, Closet/Cabinets - Custom Built, Balcony - Interior, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Open Floorplan, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Sconce, Lighting - Pendant, Lighting - Overhead, Crown Molding, Flooring - Engineered Hardwood | Main,First |
Living Room | Vaulted Ceiling(s), Flooring - Hardwood, Balcony / Deck, Open Floorplan, Recessed Lighting, Lighting - Overhead, Flooring - Engineered Hardwood | Main,First |
Master Bedroom | Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Lighting - Sconce, Lighting - Overhead | Main,First |
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Our Executive Mortgage Banker:
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$1,650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,703 | $8,343 | $11,139 |
Total Monthly Payment | $7,828 | $8,468 | $11,264 |
* 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.