Construction will begin in early spring for a late summertime early fall delivery. SMK Home Builders is one of Rockland's most revered builders, offering quality homes for more than 25 years with a long list of satisfied clients. This 2, 700 sq. ft. colonial home is the last to-be-built in this new subdivision and is sited on a cul-de-sac in Blauvelt NY which is only 25 minutes from the GW Bridge. The home features nine foot ceilings on the main level and custom oak flooring throughout. The island kitchen is open to the family room with a 42" zero clearance gas fireplace with a surrounding mantle and hearth. 4 bedrooms and 3 full baths including a full bath on the main floor, which allows for a possible 5th bedroom. Quartz countertops in the kitchen and bathrooms, and custom kitchen cabinetry and bathroom vanities of your choosing (within the builder's selection) are possible at this time, prior to construction. Some other fine offerings include Kohler fixtures, a free standing soaking tub, upgraded moldings, Pella windows, a 20 ' deck from the family room, a walk out staircase from the basement to the side yard, and other quality finishes. Take advantage of the timing and put your own stamp on this home! The picture of the home featured is similar in style, but not the exact home and is used for illustrative purposes only. Exterior color etc can be chosen at this time within the builder's palette choices
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Our Executive Mortgage Banker:
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$1,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.360% | 6.056% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,451 | $5,911 | $8,036 |
Total Monthly Payment | $5,576 | $6,036 | $8,161 |
* 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.