Introducing the crown jewel of the highly sought-after Scotts Pond area in Lincoln! This sprawling center-hall Colonial invites you in with its sun-drenched dining room, adorned with glistening hardwood floors that seamlessly transition into an open-concept kitchen, perfect for both everyday living and entertaining. Continuing through the main level, is a spacious powder room and formal living room featuring an original fireplace, adding character and warmth to the home. Completing this level is a breathtaking California room with radiant heat flooring, where a massive sliding door opens to a luxurious mahogany deck overlooking the pond. Ascend to the second floor where you'll find 5 bedrooms. One of which has its own private entrance and fireplace, currently utilized as a pilates studio, offering endless possibilities for multi generational use. Two full baths, a walk-up attic with cedar closet and laundry area complete the second floor. The finished basement features a utility room and bonus room. A heated two-car garage provides ample storage space with a walkout to your backyard oasis where you'll discover jaw-dropping views with tiered retaining walls leading to the pond. Don't miss the Boat House! Equipped with wood stove and electricity, ensuring year-round enjoyment. Venture further down to enjoy over 140 feet of pristine beachfront perfect for kayaking, boating or simply relaxing by the water. This exceptional property is also a Nationally Certified Wildlife Habitat.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $668 | $668 | $668 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $3,987 | $5,059 |
Total Monthly Payment | $4,853 | $4,747 | $5,819 |
* 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.