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Imagine setting out to build your dream home. You find a nice lot on a hillside overlooking a valley & a ridge to the south with a gently running brook below. Your children are just old enough to appreciate the view & the outdoors - factors that you consider important. You design an expansive open floor plan to bring the outdoors in & provide great spaces for friends & relatives to gather. You include a large open deck with gorgeous landscaping & sitting areas for the fair weather, & rooms throughout with options for privacy or entertaining when weather doesn't cooperate. You include an oversized garage with large overhead doors & the ability to have living space above. Over time you improve; suddenly the children have friends who want to be there. You add a fire pit, you add a pool table over the garage, you clear more property, tweak the landscaping & even add a Frisbee golf course. And you pay attention to yourselves too, gardens, finished basement spaces, outbuildings, things you love, things you need, because you know that you're creating your reality. That's the story that this property exudes - over 20 years of making dreams come true, with hard work & happiness turning into fruition. Indoor-outdoor living at its finest. Everyone's older now, and it's time to move on, keeping those fond memories of the gatherings & good times. The sellers are hoping the new buyers see the same promise to make 25 Spruce the place where their own dreams can come true as well.
Type | Level |
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Bedroom 1 | Upper |
Bedroom 2 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Main |
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
Monthly Tax Payment | $712 | $712 | $712 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,861 | $6,458 |
Total Monthly Payment | $5,174 | $5,665 | $7,262 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.