Next Home Tradition is pleased to present the opportunity to acquire 40 Forest Street in desirable Arlington Heights. This high end townhome offers an open concept floor plan, abundant windows, high ceilings, gas fireplace and designer finishes throughout. The chef's kitchen boasts a 5-burner gas cooktop with custom hood and an abundance of cabinetry for storage. The oversized island has quartz countertops with a contemporary waterfall edge that will seat 4 comfortably. Large plank hardwood floors will guide you to the second level where you will find 3 spacious bedrooms, one of which has its own en-suite and walk-in closet. Next, continue up the stairs and discover your 3rd floor sanctuary! This primary suite provides a private deck, walk-in closet and custom bath with oversized shower and double vanity. A large bonus room in the lower level and large backyard complete this beautiful townhome. Close to shops, restaurants and bike path. Schedule an appointment today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,479,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,183,920 | $1,183,920 | $1,183,920 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,003 | $7,581 | $10,071 |
Total Monthly Payment | $7,128 | $7,706 | $10,196 |
* 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.