Whether you are looking for a year-round home or a weekend retreat, this to be built Colonial has been beautifully designed and will not disappoint. Nestled within the prestigious gated community of Penwood Estates this to be built home will be placed on over 8 acres - offering privacy and plenty of room to add a pool, cabana or tennis court. The exquisitely designed home will feature a light infused high-ceilinged entryway, a chef's kitchen with a lovely sun-drenched casual dining nook and butler's pantry so you can easily prepare culinary masterpieces or decadent midnight snacks. A living room and family room with high ceilings, glistening hardwood floors and floor to ceiling fireplaces enhanced with a large deck to create an entertainer's dreamscape. Main level full bath for your guests, a study or office: a private place to read a book or work from home; an upstairs elegant primary bedroom with high tray ceiling, dressing or sitting area, two walk in closets and ensuite bath-your oasis at the end of a hectic day. Additional amenities include front porches, oversized windows, three bedrooms complete with private baths, a three car garage and an unfinished walkout basement presenting endless possibilities. Its location in Bedford Corners, is 1 hour from NYC, and conveniently close to Metro North, shopping, restaurants, nature preserves, trails, historic sites and so much more. A luxurious to be built Colonial awaits. Don't miss this wonderful opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,900,000
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 | $3,920,000 | $3,920,000 | $3,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,009 | $1,009 | $1,009 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,951 | $23,818 | $32,290 |
Total Monthly Payment | $23,085 | $24,952 | $33,424 |
* 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.