This one of a kind single story home is under construction and slated to be completed in August 24 was created and designed with thoughtful detail in mind. The stage is set via the gated courtyard leading to the entry veranda and private entrance to a guest cabana. Past the grand foyer, light from the clerestory windows streams into the great room highlighting exposed beams and lime-washed reclaimed brick accent wall. Generous use of light wood trim and cabinetry, paired with white oak flooring makes this home as warm and comfortable as it is luxurious. The amazing kitchen with luxury appliances makes entertaining seamless. Taking full advantage of neutral and natural colors and materials, this 5 bedroom + study home offers unique character with French doors opening to the covered outdoor living space complete with fireplace, pool bath and grill station. The primary suite enjoys private access to the pool and spa, as well as a private garden oasis complete with water feature and outdoor showers. The large S facing lot (0. 39 acre) offers plenty of space for a 6, 500+ sq ft home under roof and still have room for a generous sized pool, and landscaped area in the back. Spinnaker Dr. Is undoubtedly one of the most desirable streets in The Moorings. It is south of Mooring Line Dr and West of Crayton on a quiet side street located a short walk or bike ride to the neighborhood beach park and The Moorings Country Club. Architecture by Jeff Harrell & Associates, Design by Edom, and constructed by J. Sweet Construction.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,196,000 | $7,196,000 | $7,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $1,816 | $1,816 | $1,816 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $48,481 | $47,875 | $64,178 |
Total Monthly Payment | $50,422 | $49,816 | $66,119 |
* 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.