Your search for the Perfect Home ends here! This beautifully maintained 3-bed, 2-bath single-family home in the hidden gem neighborhood of Gatewood is ready for its new owner. Modernly updates throughout, this home offers both style and functionality. The master bedroom has been thoughtfully converted into a versatile in-law suite with a private entrance—ideal for guests, extended family, or a secluded office space. The light and bright kitchen, featuring mosaic tiles and newer appliances, opens to a spacious family room and breakfast nook, perfect for everyday living and entertaining. The updated bathrooms showcase natural marble stone tiles, and other high-end finishes, adding to the home's contemporary feel. With an open floor plan, including a separate living room and a kitchen-family room combination, the space feels larger than its square footage. The expansive backyard offers endless possibilities to create your outdoor paradise that includes an irrigation system. Conveniently located near major roads, highways, shopping plazas, restaurants, and entertainment, this modern gem won’t last long!
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Our Executive Mortgage Banker:
Our Insurance Division:
$395,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $83 | $83 | $83 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,100 | $2,709 |
Total Monthly Payment | $2,314 | $2,258 | $2,867 |
* 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.