Welcome to BRAND NEW CONSTRUCTION!! This elegant home sits on a spacious lot in a new 5 home luxury private enclave with breathtaking views of the surrounding pastures. The property is perfect for those seeking privacy, tranquility and natural beauty yet a convenient 1. 6 mile distance to Edgartown Village. The first floor of this luxurious home features a grand living room with expansive windows overlooking a large pool. The gourmet kitchen is a chef's delight, equipped with top-of-the-line appliances, custom cabinetry and a spacious island for culinary creations. The dining area offers an elegant setting for hosting guests, while a separate den provides a tranquil retreat. Additionally, a guest suite with a private bath adds convenience and comfort. The second floor offers a lavish primary suite with a spa-like en suite bath, spacious walk-in closets and five additional well-appointed bedrooms. Sewer connection offers the opportunity to expand up to 7 bedrooms. Don't miss this one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,199,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,159,200 | $4,159,200 | $4,159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $299 | $299 | $299 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,615 | $25,609 | $34,538 |
Total Monthly Payment | $24,039 | $26,033 | $34,962 |
* 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.