Check out this fantastic opportunity for potential homebuyers. Customization options and a great location in the beautiful Valley Cottage area make this new construction home extremely desirable. The ability for buyers to choose their own kitchen cabinets, countertops, bathrooms, and flooring, allow you to create a personalized living space. The excellent location in the Valley Cottage area, allow the convenience of walking distance to lakeside views via a trail. This is great for nature enthusiasts and those who enjoy the outdoors. The desirable neighborhood with its proximity to schools, parks, and restaurants are an added plus. New homes often come with modern amenities, energy efficiency, and a clean, fresh start for the homeowners. Due to limited new construction homes in Rockland, buyers are encouraged to act quickly before it's gone. As construction continues, I will add high-quality images of the construction progress and surrounding area to give potential buyers a clear visual of what they can expect. Note: Square footage does not include 700 sq ft for garage and 650 square feet of crawl space which is big enough to finish as an extra room.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,480 | $4,861 | $6,590 |
Total Monthly Payment | $4,572 | $4,953 | $6,682 |
* 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.