Welcome and Step into a world of luxury, comfort, and style with this brand-new 5-bedroom home, ideally located in the heart of Elmont. This stunning property seamlessly blends modern design with unbeatable convenience. The home features 5 spacious bedrooms, with 1 located on the 1st floor and 4 on 2nd floor, offering ample space for your family and guests. It also includes 5 bathrooms, with 2 on the 1st floor and 3 on 2nd floor, providing plenty of privacy and comfort for everyone. The home’s high ceilings on both floors, including the basement, create an open and airy atmosphere throughout, while the spacious guest room and conveniently located laundry room enhance the home’s practicality. You’ll find that this property is just a stone’s throw away from essential amenities, shopping, dining, and more. This brand-new home offers modern finishes and cutting-edge design and will be completed February 2025. This property won’t last long, act quickly and make this dream home yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,498,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,198,400 | $1,198,400 | $1,198,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $951 | $951 | $951 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,089 | $7,673 | $10,194 |
Total Monthly Payment | $8,165 | $8,749 | $11,270 |
* 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.