One of a Kind Set Back Waterfront Brand New Modern Craftsman Farmhouse. This classic and unique 5 bed 4. 5 bath sits on the picturesque view of Central Pond in highly sought after Rumford. Spacious 13-10 ft ceiling heights and open floor plan flows with ease, the kitchen being in the center of it all. Monogram and GE Cafe white appliances finished with double ovens, beverage station and large pantry makes the space perfect for all gatherings. Paying close attention to every last detail shows with finishes curated and coordinated with sophistication in every room. Carefully chosen coffered, tray, vaulted and barrel ceilings. Custom picture and transom windows and woodwork built-in details seen throughout for a seamless unique design. Owners suite exudes relaxation and luxury. Privately located on one side of the house with water views, 2 walk-in closets, 2 separate vanities, huge tiled shower and soaking tub. Two additional ensuite bedrooms on the first floor! Main level is finished with a spacious laundry room, mudroom, built-in surround sound speakers and oak wide plank hardwood floors. Just a few steps outside is an outdoor patio featuring a gas fireplace and built in gas grill to accommodate any season! Find your way upstairs to another 2 bedrooms with walk-in closets and jack and jill style bathroom. One bedroom also could double as another huge family room including a kitchenette for the option of guests or family helpers. A rare opportunity! **Work almost complete.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,600,000 | $1,600,000 | $1,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $1,600 | $1,600 | $1,600 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,085 | $9,851 | $13,287 |
Total Monthly Payment | $10,810 | $11,576 | $15,012 |
* 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.