Welcome to this charming colonial-style home nestled on the bay in Biltmore Shores where timeless elegance meets modern comfort. This inviting residence features three spacious bedrooms, each designed for tranquility and relaxation. With 2. 5 well-appointed bathrooms, mornings are a breeze. Step inside to discover a warm and welcoming living room, perfect for gatherings. The adjoining den offers a versatile space for relaxation or play, while the formal dining room sets the stage for memorable meals. The loft is enhanced by a classic fireplace that adds a touch of coziness. For those working from home, an airy office provides a quiet retreat, bathed in natural light. The well-equipped kitchen flows seamlessly into the living areas, making entertaining effortless. Outside, enjoy breathtaking views of the bay from your expansive deck, ideal for soaking up sunsets or hosting summer barbecues. This gem combines historic charm with modern amenities, creating a perfect haven by the water.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 | $680,000 | $680,000 | $680,000 |
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 | $1,339 | $1,339 | $1,339 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,601 |
Total Monthly Payment | $5,239 | $5,563 | $7,032 |
* 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.