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Designed after the DOGTROT style homes from the 1800's for functional design. Prior to air conditioning or electricity these homes were designed in warm climates to provide a cross breeze, brilliant architectural style. This is a modern replica in design of this style, with all the up to date amenities which results in low utility bills. Built in 2015 on a concrete slab reinforced with concrete exterior supports this home is here to stay, which also results in low insurance cost. There are French doors in every room which open out to the screened in wrap around porch, providing indoor/outdoor living. The eaves extend far out over the house protecting from sun and exposure to the elements. The actual roof covered footprint of the house is 3781 square feet, the heated square feet is 1875, leaving the porch at 1906. The metal roof is double insulated and painted with a reflective paint to ward against heat. Every step has been thoughtfully planned to comfortable living, pictures don't do it justice!! It is not actually certified , however, this house and footprint really falls into the PASSIVE house category. Located six miles to World Equestrian Center and nine miles to HITS, perfect location for the equestrian showing or conveniently located near multiple trailheads for pleasure riding. Pricing is dependent on the length of the lease and whether the property is rented as a whole (home + barn) or as the residence only, please reach out for more information!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,500
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $5,200 | $5,200 | $5,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $30 | $32 | $42 |
| Total Monthly Payment | $105 | $107 | $117 |
* 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.