Welcome to Rosewood Lane, Milton’s newest neighborhood featuring 7 building lots and over 36 acres of common land, including walking trails and 26. 95 acres of conservation area. Situated on a private gravel road, this small community offers the perfect blend of rural charm and modern convenience! Enjoy the proximity to Lake Arrowhead, Sand Bar and Niquette Bay State Parks, as well as other local amenities and easy interstate access. This to-be-built 1, 875 square-foot home sits on a . 66-acre lot and offers 3 beds, 2. 5 baths, and a modern and open floor plan ideal for entertaining as well as everyday living! As you step inside, you’re welcomed with 9' ceilings throughout the main level, and off of the inviting foyer you’ll find the office, mudroom and half bath. In the spacious living room, the gas fireplace creates a beautiful focal point and provides a cozy setting. The 6' island and large walk-in pantry ensure plenty of countertop and storage space in the kitchen, and the dining area is the perfect spot to enjoy meals with large windows and a glass door leading to the backyard. The second level offers two nicely-sized bedrooms, a shared full bathroom and the laundry room, as well as a luxurious primary suite with cathedral ceilings, a walk-in closet and a 3/4 en suite with double sinks. Each home in this neighborhood is equipped with public water, natural gas and a private conventional septic system. The home is expected to be completed in July/August 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$627,154
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $501,723 | $501,723 | $501,723 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,380 | $3,335 | $4,231 |
Total Monthly Payment | $3,472 | $3,427 | $4,323 |
* 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.