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NEW CONSTRUCTION! This newly built home is centrally located in Tewksbury with nearby access to major highways, shopping amenities & neighboring communities just down the road in either direction. The home has many upgraded interior features including 9' ceilings on 1st floor, stainless steel appliances, tiled back splash, hardwood flooring throughout, tile lined showers in both 2nd floor bathrooms & many other upgraded items (see attached spec sheet). The 2, 580 sqft floor plan provides an open concept for entertaining in kitchen/family room areas, 4 spacious bedrooms, 2. 5 baths & an insulated walk up attic off 2nd floor hallway. The home is situated on a 1 acre parcel that will feature fine landscaping to include irrigation/sod in the front yard, landscape paver front walkway, granite light & mail box posts. The backyard boosts a 12x16 full composite deck that overlooks the area which could accommodate future amenities like a pool, large patio or swing set.
Type | Description | Dimensions | Level |
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Bedroom 2 | Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead | 14.0 x 12.0 | Second |
Bedroom 3 | Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead | 14.0 x 12.0 | Second |
Bedroom 4 | Closet, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead | 14.0 x 12.0 | Second |
Dining Room | Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Wainscoting, Lighting - Overhead, Crown Molding | 13.0 x 13.0 | Main,First |
Kitchen | Bathroom - Half, Closet, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead | 18.0 x 14.0 | Main,First |
Master Bedroom | Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Lighting - Overhead, Closet - Double | 19.0 x 14.0 | Second |
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,206 | $5,562 | $7,545 |
Total Monthly Payment | $5,331 | $5,687 | $7,670 |
* 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.