This charming Nantucket model property i(one the model home) s located in the peaceful and well-maintained Glenwood Village community, specifically designed for those aged 55 and over. The land lease includes various amenities such as water, sewer, and garbage pick-up, as well as access to a swimming pool, outdoor park, and clubhouse with a gym. This home has a spacious mud/utility room with ample storage space. The dining room and kitchen are perfect for hosting gatherings, boasting plenty of counter space for meal preparation. The cozy living room features a stunning corner fireplace, ideal for relaxing on cool evenings, 2 bedrooms and 2 full bathrooms. The primary bedroom suite is a true retreat, complete with a large bathroom, his and her vanities, a washer/dryer area, and a luxurious step-in shower. Additionally, the home includes a front porch, perfect for enjoying your morning coffee, as well as a 4-foot concrete crawlspace for dry storage. This property boasts a shed with electric, a gas generator, central air conditioning, a carport, and a sprinkler system. Full basement, 4 ft high and full length of home. With fresh paint and tasteful landscaping, this home is move-in ready and waiting for its new owners to enjoy all it has to offer. Don't miss out on the opportunity to make this lovely property your own. Once Inside the development look for 531 Oakwood.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $278,400 | $278,400 | $278,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $503 | $503 | $503 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,852 | $1,850 | $2,387 |
Total Monthly Payment | $2,430 | $2,428 | $2,965 |
* 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.