Welcome Home to 8 Yancey Dr! Sitting on a flat ¾ acre lot in the heart of the highly desired Lake Forest Community and just down the road from the McCarter Pool, this newly renovated home provides the Augusta Rd feel, in a prime location, 5 minutes to downtown, with NO HOA, outside of city limits! As you enter through the redesigned foyer, you have an open view of the main living spaces, naturally lit with oversized windows and double French doors highlighting a double-sided fireplace as the center piece! The kitchen is a chef’s dream with a huge center island, an oversized gas range with double ovens, and a custom coffee station! Does your current home suffer from a lack of pantry storage? Suffer no more with a full butler pantry including an extra refrigerator, a prep sink, cabinets galore, and other storage! Down the hall you will find a half bath, 3 guest bedrooms and a full guest bathroom. Around the corner you will find the new luxury master suite, complete with his/her’s closets and a huge spa-like bathroom with a picture window providing beautiful natural light throughout! The backyard is mostly fenced, flat, and also includes a workshop/playhouse! You also have access to the basement area under the master suite from the side of the house providing tons of storage potential! Contact the listing agent for a private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$624,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $499,920 | $499,920 | $499,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $104 | $104 | $104 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,326 | $3,323 | $4,216 |
Total Monthly Payment | $3,522 | $3,519 | $4,412 |
* 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.