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Now available, a rare and immaculate colonial in Middletown’s highly sought after Presidential Heights neighborhood! This freshly updated house is loaded with amenities and features, including fully paid for 8+kW solar panel system and EV fast-charge battery 50amp outlet. It is situated on a quiet, peaceful street on top of a small hill with open views for miles. Featuring four large bedrooms with ample natural light and beautiful polished hardwood floors, it has new lighting fixtures, new tiles, new paint throughout and a renovated kitchen and bathrooms, complete with Japanese benjo and heated seats. The kitchen now includes a big stainless steel refrigerator, natural gas Wolf cooktop, and a range hood. The manicured entryway is in full bloom, and the sprawling backyard is fenced off, keeping dogs in and deer out. It includes a prepared vegetable garden, shed, patio swing, pergola, and screened-in porch. In addition to the solar power and EV charging port, other upgrades that are not immediately obvious include extra-thick insulation throughout, basement flooring, and ceiling encasement, new water pump, and whole house water softener and purifier system for excellent water quality. Home also has already paid-for designs for further elaborate landscaping and a three-season sunroom. If you’re looking in Middletown, this is the perfect house in the perfect location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$566,800
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 | $453,440 | $453,440 | $453,440 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $882 | $882 | $882 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,866 | $2,979 | $3,796 |
Total Monthly Payment | $3,840 | $3,953 | $4,770 |
* 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.