Welcome to Orchard Estates, a wonderful new development of single-family homes in Armonk. This beautiful estate property has been subdivided into 4 lots, ranging in size from 2. 5 acres to 1. 6 acres, offering privacy, specimen plantings, mature trees, level yards, pool sites, and more. This home "to be built" is approx. 4857 (including finished lower level) and details include 4 bedrooms, 3 full and 2 half bathrooms, 3 car garage, high end finishes, and so much more. This is just a starting point, you can change it, customize it, or come up with an entirely new, and even larger house to be built. Environmentally friendly geothermal energy is also an option. The lots are very private, yet just minutes to Armonk town center, shopping, and restaurants. Located 45 min to NYC, 15 min to Westchester airport, 20 min to Greenwich CT, and 10 min to Metro North train station. Great opportunity, to make build your dream house. Byram Hills Schools. Modern farmhouse from lot 32-3 can be available on this lot as well. Additional Information: Amenities: Marble Bath, Storage, ParkingFeatures: 3 Car Attached,
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,300,000 | $2,300,000 | $2,300,000 |
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 | $13,422 | $14,538 | $19,409 |
Total Monthly Payment | $13,547 | $14,663 | $19,534 |
* 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.