Rare Glen Echo Lake waterfront has 160 feet of shoreline, 3+ acres & is very private! 4000 sq ft home has open living area with soaring ceilings & is flooded with light. The 4 room in-law type of area in walk-out lower level has kitchen, bath, separate entry, water views & private deck. Expand this area into connected finished basement to add another full bath/laundry + 3 more rooms! Heated 3 car garage has 3 rooms & full ba above. Builder's home showcases craftmanship inside & out. Admire the artwork of the exotic Bubinja hardwood flooring in the dining room with lake views! Custom built cabs & built-ins throughout the home. Pretty waterviews over huge yard & gazebo from many rooms & multiple decks. Extensive foam insulation added to conserve energy. Full boating & fishing lake with lake association & ski club. Tons of parking. Roof inspected 10/10/24 & all ok! Located at end of cul-de-sac & abuts the dam for limited neighbors! See additional info. in paperclip.
Type | Description | Level |
---|---|---|
Bedroom 2 | Closet | First |
Bedroom 3 | Closet, Flooring - Vinyl | Basement |
Bedroom 4 | Ceiling Fan(s), Flooring - Vinyl | Basement |
Dining Room | Flooring - Wood, Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan, Remodeled, Decorative Molding, Tray Ceiling(s) | Main,First |
Kitchen | Flooring - Wood, Country Kitchen, Open Floorplan | First |
Living Room | Cathedral Ceiling(s), Flooring - Hardwood, Open Floorplan | Main,First |
Master Bedroom | Bathroom - Full, Closet, Deck - Exterior, Exterior Access | First |
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Our Executive Mortgage Banker:
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$825,000
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 | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $829 | $829 | $829 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,799 | $4,172 | $5,569 |
Total Monthly Payment | $4,720 | $5,093 | $6,490 |
* 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.