TO BE BUILT - Unveiling Your Majestic Colonial Dream Home in Hicksville! Step into the realm of imagination where this to-be-built majestic Colonial stands as the embodiment of your dream home. It is a harmonious fusion of luxury, comfort, and tranquility. As you explore, you'll discover a lavish living room adorned with vaulted ceilings, setting the stage for grandeur. The formal dining area is a testament to meticulous craftsmanship, and the gourmet eat-in kitchen is equipped with high-end appliances, granite counters, and soft-close cabinets, promising a culinary haven. This residence boasts 5 luxurious bedrooms and 3. 5 baths, with a master suite featuring a walk-in closet and ensuite bath, ensuring a haven of sophistication. Gas heating and cooking, accompanied by high hats and hardwood flooring throughout, add an extra layer of allure. Step outside into the lush green scenic backyard-a haven for quality moments with your near and dear ones. A spacious one-car garage and a massive driveway contribute to the practicality of the property. Full Finished Basement with OSE. Anticipate the completion by September 2024, providing you with the extraordinary opportunity to customize your future home to your heart's desire. Don't let this chance slip away; embrace the opportunity to shape the home of your dreams! Please note, the photos are for illustration purposes only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,900 | $6,483 | $8,699 |
Total Monthly Payment | $6,025 | $6,608 | $8,824 |
* 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.