PRICE IMPROVEMENT! Welcome to an exceptional residence in the prestigious gated community of The Cottages at Chanticleer, where elegance and convenience meet in perfect harmony. This stunning new construction home boasts a thoughtfully designed open floor plan that highlights the best of both style and functionality. Step inside to discover beautiful hardwood floors gracing the main level, complemented by an inviting living room with a coffered ceiling and a cozy gas fireplace. The built-in bookcases with lighting add a touch of sophistication, perfect for showcasing your favorite reads and treasures. Natural light floods the space, enhancing the warm and welcoming ambiance. The home features three generously sized bedrooms on the main level, each with custom closets designed to maximize storage. The spacious master suite is a serene retreat with an expansive master closet and a luxurious master bathroom, creating a perfect sanctuary for relaxation. A dedicated office space off the living area ensures you have a functional and stylish area for work or study. An additional large room upstairs serves as a versatile flex space or can easily be transformed into a fourth bedroom, tailored to suit your needs. The gourmet kitchen is equipped with top-of-the-line appliances and a convenient passthrough to the covered porch, ideal for effortless indoor-outdoor entertaining. When not dining al fresco, enjoy your meals and gatherings in the adjoining dining area. Relaxing on the expansive front porch is the perfect way to end the day. The home also features a spacious two-car garage and an extra-large driveway, providing ample parking space for family and guests. The European blue stone walkways add a touch of classic elegance to the exterior, while the beautiful uplighting highlights the home’s architectural details at night. For peace of mind, the property is prewired for a security system and includes an efficient irrigation system to keep your landscape lush and vibrant. This remarkable home in The Cottages at Chanticleer provides unparalleled luxury and comfort, combining practical features with exquisite design to create a truly exceptional living experience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,031 | $5,097 | $6,934 |
Total Monthly Payment | $5,123 | $5,189 | $7,026 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.