Discover the perfect blend of modern design and rural serenity with this stunning farmhouse located in the desirable Tupelo Plantation. Situated on 12 acres and complete with a tranquil pond, this newly built home offers 2, 457 square feet of thoughtfully designed living space. With three generously sized bedrooms and an office that can easily serve as a fourth bedroom, this home is both versatile and spacious. A convenient half bath is situated off the garage, and the foyer includes built-in storage for easy organization.
The heart of the home is the kitchen, featuring a stunning waterfall quartz island and a spacious walk-in pantry complete with cabinets. The laundry room is designed for efficiency, offering a sink, cabinets, and a dedicated folding area. The open-concept living area is highlighted by a gas fireplace and beautiful wood beams adorning the vaulted ceiling, creating a warm and inviting atmosphere. The master suite offers a touch of luxury with a tray ceiling, a glass-enclosed shower, and a freestanding tub in the bathroom. Outdoor living is enhanced by expansive front and back porches, perfect for soaking in the tranquil surroundings. The property also boasts a substantial 50x54 metal building with 16-foot sides, spray foam insulation, half bath and electrical service. This metal building offers a flexible and adaptable space that can meet a variety of needs, whether you're looking for additional storage, a business workshop, or extra living space. The structure can potentially be built out to accommodate two stories, providing even more space for customization. Additional features include durable vinyl plank flooring throughout, ample cabinet storage, and recessed lighting. For those looking for extra space, there is an option to add a 250-square-foot bonus room above the garage, with the potential for the builder to construct stairs for easy access. This property is an exceptional opportunity for those seeking modern comforts amidst the peace and beauty of Tupelo Plantation.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $783,200 | $783,200 | $783,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $295 | $295 | $295 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,080 | $5,015 | $6,876 |
Total Monthly Payment | $5,467 | $5,402 | $7,263 |
* 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.