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Welcome to Rosewood Lane, Milton’s newest neighborhood featuring 7 building lots and over 36 acres of common land, including walking trails and 26. 95 acres of conservation area. Situated on a private gravel road, this small community offers all of the perks of a rural setting with the convenience of having everything you need close by! Enjoy the proximity to schools, groceries and interstate access as well as local attractions like Lake Arrowhead, the Sand Bar and Niquette Bay State Park. This to-be-built 1, 930 square-foot home sits on a . 64-acre lot and offers 3 bedrooms, 2. 5 baths and a thoughtful and open-concept layout designed for effortless living. As you step inside, you’re welcomed with 9' ceilings throughout the main level. The inviting foyer leads you past the dedicated office, into the spacious living room, which flows seamlessly into the kitchen and dining areas. The kitchen features a central island, a walk-in pantry and access to the mudroom and half bath. Upstairs you’ll find two spacious bedrooms, a shared full bathroom, and the laundry room as well as a luxurious primary suite with cathedral ceilings, a walk-in closet and a 3/4 en suite with double sinks. Outside, the covered front porch adds to the home’s welcoming appeal, and a paved driveway leads to the attached two-car garage. Each home in this neighborhood is equipped with public water, natural gas and a private conventional septic system. The home is expected to be completed in September 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$641,879
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $513,503 | $513,503 | $513,503 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,246 | $3,373 | $4,299 |
Total Monthly Payment | $3,338 | $3,465 | $4,391 |
* 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.