This stunning villa, nestled in the exclusive Cloisters on the Bay, offers the ultimate in luxury living. Steps away from all the Grove has to offer, this meticulously redesigned home underwent a $1M renovation and every inch radiates elegance and charm. The main level effortlessly merges spacious living and dining areas, a sophisticated office, and a dream MiaCucina eat-in kitchen. Upstairs features three beautifully appointed bedrooms, each with an ensuite bath. Guests will enjoy total privacy in their own suite, featuring a bedroom, kitchenette, bath and living area. A rooftop oasis, complete with a summer kitchen, offers the perfect setting for entertaining. With thoughtful details throughout, a brand-new elevator, and seven parking spaces, this home is truly one-of-a-kind.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $4,959,200 | $4,959,200 | $4,959,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.110% | 6.735% | 6.680% |
Monthly Tax Payment | $3,172 | $3,172 | $3,172 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $32,165 | $31,754 | $43,200 |
Total Monthly Payment | $35,462 | $35,051 | $46,497 |
* 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.