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Nestled on over an acre in the exclusive waterfront community of Foster Cove, this exquisite custom home offers the perfect blend of luxury & natural beauty. This stunning property sits on a well-manicured lot offering an outdoor oasis with multiple seating areas. Relax on the front porch, by the fire pit, or on one of the 2 decks gracing the western & southern sides of the home. Grow fresh vegetables in the large garden & enjoy outdoor dining in the screened room. Inside, a dramatic foyer with soaring ceilings welcomes you & leads to a living room with a cozy fireplace. A dining room to the right flows seamlessly into the outdoor spaces & kitchen, complete with Viking appliances & wet bar. A family room to the left of the living room offers a fireplace, exposed beams & another space to relax with family & friends. 2 bedrooms with a Jack & Jill bathroom, laundry room, & 1/2 bath complete the main level. Upstairs, the luxurious master suite flows into an expansive bathroom with a soaking tub & shower. An office area, wet bar & private balcony provide a perfect spot to enjoy your favorite beverage while watching the sunset. Added features include a newer roof, an outdoor shower, a sprinkler system & 4-car garage. Foster Cove provides ample opportunities for outdoor recreation with a community dock that accesses Ninigret Pond for boating & fishing. Don't miss this once-in-a-lifetime opportunity to own a piece of heaven in one of the most sought after coastal communities!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
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Loan Amount | $1,640,000 | $1,640,000 | $1,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $625 | $625 | $625 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,312 | $10,366 | $13,839 |
Total Monthly Payment | $10,062 | $11,116 | $14,589 |
* 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.