Under contract-accepting backup offers. Modern Living in Historic Allendale Terrace! Experience a harmonious blend of contemporary comfort and historic charm in this flood-safe residence, nestled on a parcel once owned by the renowned Doc Webb. Located in the desirable Allendale Terrace neighborhood, the property features a picturesque setting with majestic oaks lining the cobblestone street, complemented by a beautiful park across the street that enhances the overall ambiance. This house offers the perfect balance of worry-free living and idyllic style. Inside, the home features a spacious kitchen with a large center island, ideal for culinary enthusiasts and families alike. Additional living areas include a formal dining room, a study, and a versatile space that can serve as an eat-in kitchen or sitting area. Outside, unwind at the end of the day on the spacious front porch or indulge in the resort-like backyard, which features a stunning pool with water features and a deck area, creating the perfect space for relaxation or entertainment. With trees providing just the right amount of shade at the ideal times, you can unwind wherever your mood takes you. The separate in-law suite ensures privacy for guests or multi-generational living. Key Features:
hurricane-resistant windows and concrete block structure in a non-flood zone,
picturesque setting with park views from all front rooms,
luxurious spa-like pool and spacious deck,
separate in-law suite with private entrance,
wide, inviting front porch perfect for relaxation,
large kitchen with center island, ideal for entertaining, formal dining room, study,
versatile living spaces,
ample closet space throughout, and
built-in pest control system (Taexx)
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,670,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,336,000 | $1,336,000 | $1,336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $1,252 | $1,252 | $1,252 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,555 | $8,665 | $11,638 |
Total Monthly Payment | $9,932 | $10,042 | $13,015 |
* 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.