PRICED BELOW RECENT APPRAISAL! This newly constructed home on Lake Bowen offers luxury living with water frontage! This home features amazing and incredible attention to detail with open floor plan on the main level. The spacious kitchen with quartz counter tops and island also has a 6 burner propane gas stove with pot filler. The floor plan is open with views of the lake from nearly every room. The great room features a gas log fireplace, vaulted 20' ceilings and a wall of windows including sliding doors that open all the way across for ultimate entertaining and enjoyment both inside and out. The owner's suite on the main level boasts a custom built walk-in closet with en-suite bath. The marble bathroom with rain shower head also wows with heated floors and a bidet toilet. The loft has a spectacular view of the water and would make a perfect spot for a home office or rec room. The complete finished basement includes 2 additional bedrooms, a full bath and another open living space with gas log fireplace and of course. . . lake views! The house is pre-wired for data and cable in every living area and bedroom and includes smart switches. You can even heat the bathroom floors from your phone before getting out of bed in the morning!! This home was thoughtfully designed and the upgrades will amaze you. The covered dock also has power.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
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 | $372 | $372 | $372 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,804 | $4,866 | $6,620 |
Total Monthly Payment | $5,268 | $5,330 | $7,084 |
* 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.