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Welcome to 16 Somerset Dr, a beautifully upgraded Colonial in the coveted Cornwall Hill View Estates, just an hour north of NYC. This immaculate 4-bedroom, 3. 5-bath home features a stunning Primary suite with custom California Closets and primary bathroom has a heated floor and Steam shower. Three additional bedrooms, each with personalized Closets by Design. The chef-inspired kitchen is a true highlight, with two-toned cabinetry, quartz countertops, and top-of-the-line GE Platinum Glass Cafe; appliances. The home boasts refinished hardwood floors, elegant porcelain tiles, and modern moldings throughout. Outside, enjoy a private Trex deck perfect for entertaining, complemented by a new stone walkway and lush front landscaping. Additional upgrades include a hybrid high-efficiency hot water tank and reverse osmosis water system. Conveniently located near outdoor recreation, transportation, and local amenities, this home offers the perfect combination of luxury and convenience. Don’t miss out—schedule your tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.899% | 7.017% | 6.034% |
Monthly Tax Payment | $1,448 | $1,448 | $1,448 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,942 | $4,982 |
Total Monthly Payment | $5,186 | $5,482 | $6,522 |
* 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.