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Welcome to one of the largest and thoughtfully designed homes in Velvet Rocks. Nestled at the end of the last street in the neighborhood and bordered by woods, this peaceful location is just minutes from downtown Hanover - offering the perfect balance of privacy and convenience. Inside, the open-concept layout features high ceilings and natural light throughout. The renovated kitchen includes quartz counters, ample cabinetry, a built-in coffee station, and a sunlit island. Enjoy meals in the breakfast nook, entertain in the formal dining area, or step out to a private stone patio for outdoor dining and relaxation. Daily living is made easy with direct garage access via a small mudroom area. The main level also features a spacious home office with built-in bookshelves, a guest powder room, and a cozy living area with a gas fireplace. Wood floors add an aesthetic warmth throughout, while mini splits cool in the warmer months. A main level primary suite adds a layer of flexibility and ease, with tall ceilings, an oversized and well designed bathroom and walk-in closet. Upstairs are three generously sized bedrooms, a full bath with soaking tub, and a versatile landing for work or play. The finished lower level includes a 3/4 bath, laundry room, windows, and space for a home gym, rec. room, or additional guest space. A utility room offers storage and shop space. Enjoy a large, level backyard as well as access to nearby trails in the Greensboro Ridge Nature Area.
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Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $1,489 | $1,489 | $1,489 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,245 | $8,170 | $10,768 |
Total Monthly Payment | $8,859 | $9,784 | $12,382 |
* 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.