Don't miss this one-of-a-kind opportunity: The finest home at the Highlands Club delivers over 3000 square feet of upscale living with an affordable price tag. This stunning 4-bedroom, 2. 5 bath, Post Modern home in Riverhead is one of the largest models in the development. Boasting captivating pond views and sunsets that overlook Cherry Creek Golf Links, this immaculately maintained and turnkey ready home features a primary suite on the first level, a formal Living Room, formal Dining Room, chef's kitchen, butler's pantry, beautifully landscaped back yard with patio, built-in barbecue, automatic backup generator, and so much more. Enjoy the convenience of a homeowner's association that maintains lawn care and snow removal and a community that offers residents the enjoyment of the community pool, tennis courts and gym. With close proximity to golf courses and wineries, this property offers the ideal blend of luxury and convenience with easy access to both the North Fork and the Hamptons. Seize the opportunity to make this stunning home in the Highlands Club your very own retreat, where you can enjoy the ultimate in comfort, convenience, and luxury lifestyle amenities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $1,213 | $1,213 | $1,213 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,360 | $4,248 | $5,390 |
Total Monthly Payment | $5,665 | $5,553 | $6,695 |
* 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.