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*Buyers can receive a TWO point rate reduction the first year, and One point rate reduction the second year with an accepted contract and financed with Amanda McCall at PrimeLending for all contracts written through April 30th. Available for qualifying loan types only (Conventional, FHA, USDA, VA). * Nestled within a private gated community just 5 minutes from downtown on Pelham Rd, this home offers unmatched convenience and tranquility. Step into the two-story great room with abundant natural light, featuring a cozy fireplace and seamlessly connecting to a spacious dining room. Both rooms open onto a deck that provides a serene view of the wooded common area. The upper level is a retreat in itself, boasting a master bedroom with its own private deck. The master bathroom includes double sinks and a walk-in closet. The second bedroom also features a private full bath, making it perfect for guests or a roommate. The upstairs loft, overlooking the great room, offers an ideal space for a home office. Don't miss the walk-in laundry room and additional walk-in closet on the main level. With grocery stores and restaurants within walking distance, convenience is at your doorstep. The community also features a swimming pool and a private gate for enhanced security. This rare opportunity to own a home in this location should not be missed.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.750% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.894% | 6.936% | 6.006% |
Monthly Tax Payment | $74 | $74 | $74 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,215 | $1,297 | $1,660 |
Total Monthly Payment | $1,364 | $1,446 | $1,809 |
* 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.