Welcome home to The Residences at Sunset Lake on Johnson's Pond. Own your own STORYBOOK HOMES CUSTOM RANCH. Free Standing Condo. Ready for occupancy mid to late September. 2115'square feet of luxurious living space. The gourmet kitchen has abundant, soft close cabinetry and an oversized Quartz island with sink. In addition there is a WET BAR designated area. All this opens to the Living Room (21'x 16. 5')with gas fireplace. HARDWOOD FLOORS flow through out! The Formal dining room (15'x 11')has a lighted tray ceiling and raised paneling. The PRIMARY BEDROOM (15' x 22'), also has a lighted tray ceiling and an en-suite tile bath with double sinks as well as a large walk in closet. CENTRAL AIR. Down the hallway you have a designated tiled LAUNDRY ROOM. Along that hallway you will also find a Full Bath, an office, 2nd bedroom and the 2 car garage. Upstairs houses a LOFT/MEDIA room (315' square feet). This property has access to JOHNSON'S POND for canoeing, paddle boarding, kayaking, swimming and fishing. HOA fee includes: lawn maintenance, Snow removal, trash pick up, septic maintenance and Sprinkler system. Future plans for a private clubhouse on Johnsons Pond for residents to use. For GPS use 15 Regalwood Dr. Note: Pictures are of a completed similar unit.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $623,920 | $623,920 | $623,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,791 | $3,791 | $4,931 |
Total Monthly Payment | $3,883 | $3,883 | $5,023 |
* 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.