558 Elwood Road is prepared to be adored! This magnificent 5 bedroom, 3. 5 full bath masterpiece of a build has been lovingly cared for by its one and only homeowner. Thoughtfully designed and built from the ground up in 2005, this home has outstanding options for so many unique lifestyles. Enter the grand foyer through double french doors from the cozy front porch and enjoy the layout that will satisfy any entertainer! The first floor offers multiple spaces to share with loved ones, or escape for privacy including the formal living room, family room with gas fireplace, formal dining room with wood burning fireplace, and the largest eat in chef's kitchen around! 558 Elwood's kitchen features a massive island with electricity, oversized pantry, home office space, butlers pantry, room for a 12 person dining table, granite countertops, double oven, all stainless steel appliances, and a stunning wall of windows with views to the backyard. Off of the kitchen, you will have access to the 1 bedroom apartment that is ideal for multigenerational living, options for a home business, guest suite or a first floor master suite. The apartment is self-contained with vaulted ceilings, skylight, a full kitchen, full bathroom, beautiful gas fireplace, access to the stunning backyard through sliding doors, access to the three car garage, washer/dryer hook up, and its own separate outside entrance. Upstairs is laid out in classic center hall colonial fashion with three bedrooms of generous size, all rooms complete with custom closets, carpeting, and two of the bedrooms with access to a beautiful full family bathroom and walk in closets. The primary bedroom is of overwhelming size with room for a grand california king bed, window seats with ample storage, a huge walk-in closet with custom closet organization, a room beyond the closet for additional storage, and stunning vaulted ceilings. Enter the primary bathroom and enjoy tranquility with an air Jacuzzi tub, separate shower, radiant heated floors and separate water closet for privacy and functionality. The basement has SO MUCH POTENTIAL for a massive finished space, including an outside entrance with access to the backyard, additional egress, 9 foot ceilings, and access to plumbing. This flat acre property is absolutely private, with an inground pool, trex deck, retractable awnings, and room for all your seasonal entertaining! Beyond the pool you'll discover a 2 car entry in the barn with plumbing (including a powder room and separate shower), electric, heat and a second floor finished loft with skylight and cupula. THERE IS NO SHORTAGE OF STORAGE ON THIS PROPERTY and the potential is truly endless!
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$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $1,974 | $1,974 | $1,974 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,798 | $6,389 | $8,896 |
Total Monthly Payment | $7,897 | $8,488 | $10,995 |
* 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.