Incredible new construction built, mid-block in the heart of Plainview. Approximately 2900 sq. ft , 4 bedroom, 2. 5 bath Colonial-style home features an open and spacious layout including a soaring double height entry, millwork to the ceiling, hardwood floors, High end Chef's kitchen with thermador appliances, gas cooking, and oversized center island. Kitchen is open to formal dining room and family room. 1st floor features a custom mudroom, powder room, and access to 1 car garage. Spacious living room leads to formal dining room with coffered ceiling. Large family room with gas fireplace and dry bar, perfect for entertaining. Second floor offers a primary suite with vaulted ceilings, WIC, and Luxurious bath with radiant heat floors plus 3 Add'tl bedrooms with ample closet space, large hall bath, and oversized laundry room. Finished basement!! Backyard perfect for entertaining with paver patio and pvc fence. Close to shopping and transportation. Photos are examples of builder's prior work. Plainview School District.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,525,000
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 | $1,220,000 | $1,220,000 | $1,220,000 |
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 | $7,120 | $7,711 | $10,295 |
Total Monthly Payment | $7,245 | $7,836 | $10,420 |
* 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.