New construction 7. 9% Cap Rate. Discover unparalleled luxury in this newly constructed masterpiece, boasting 2910 SF of impeccable design and craftsmanship. Additionally, it features a detached ADU offering over 2000 SF of additional space, complete with its own private driveway, finished in late 2023. Nestled on a sprawling 2. 35-acre estate, the grounds have been meticulously cleared, expertly landscaped, and include a full irrigation system. Upon entering, be greeted by the elegance of high ceilings and the rich beauty of hardwood flooring, meticulously laid out to enhance the home's impeccable design with no details left behind. Prepare to be amazed by the kitchen featuring top-of-the-line stainless steel appliances, elegant quartz countertops, and a stylish tile backsplash. A generous kitchen island and impeccably chosen light fixtures beautifully illuminate the space. In the adjacent room, unwind in the spacious comfort of a large living room adorned with a striking stone gas fireplace. The bathroom leaves no detail overlooked, showcasing a pristine porcelain tile backsplash and a luxurious soaking tub. This home is replete with amenities such as a hot tub, central AC, a basketball hoop, and a fenced-in yard. Additionally, it features a dual garage and premium composite decks for added convenience. Don't forget about the detached ADU as it boasts a sleek design and modern features. The converted garage offers high ceilings, recessed lighting, and granite countertops.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,119,920 | $1,119,920 | $1,119,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,012 | $6,625 | $9,225 |
Total Monthly Payment | $6,137 | $6,750 | $9,350 |
* 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.