Welcome to 1170 Ives Road, an estate residence on 2 meticulously landscaped acres next to the Chaffee compound. This custom built residence was completed in 2015 and enhanced over the past several years. Involving over 4800 sq ft of luxurious living about grade, this home has it all. Large open spaces that embrace function and form as balance. The great room is huge with a wall of glass to the rear of the property. The open flow design pours into the dining area and gourmet kitchen. The most particular chef will appreciate the design, components and finish of this custom kitchen. The pantry is larger than many kitchens. The first level also includes the primary suite with sumptuous bath and two walk in closets. This level also has another bedroom. The second floor includes a media room and two additional bedroom suites. The lower level has been finished with huge play/recreation room and a large workout room. The finished area on this floor exceeds 2500 sq. ft. When you think you have exhausted the wow at 1170 Ives and you discover the 'backyard. ' This is a entertaining dream: elaborate stone patios and walls, a stone fire pit, large swimming pool with stone coping, large play area. You need to supply the food and the guests, this is the place. The home has three oversized garage bays and parking for numerous vehicles. If you are looking for stately, private, comfortable, dramatic, elegant and welcoming; 1170 Ives is your next destination.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,440,000
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 | $1,952,000 | $1,952,000 | $1,952,000 |
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 | $1,571 | $1,571 | $1,571 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,479 | $11,547 | $16,079 |
Total Monthly Payment | $12,175 | $13,243 | $17,775 |
* 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.