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Fall 2025 move-in, home under construction! Located in The Ridge Townhomes community, the Colgate residence combines comfort, space, and style. Step into the two-story foyer, where a welcoming staircase leads up to the main living area. This level features an open-concept great room, dining area, and casual dining space with direct access to the backyard. The kitchen is designed for both function and style, offering a large center island, extensive counter and cabinet space, and a walk-in pantry. The primary suite is a private retreat, featuring a large walk-in closet and a spa-like bathroom with a dual-sink vanity and deluxe shower with built-in seating. Two secondary bedrooms offer vaulted ceilings, generous closets, and share a full hall bath. Practical touches include a laundry area on the bedroom level, a powder room on the main floor, and a lower-level entry with additional storage. The office, conveniently located on the first floor, offers versatile living options. Tall windows in the great room allow for an abundance of natural light. Roomy secondary bedrooms share a hall bath. Home is complete with Designer Appointed Features Set in a non-age-restricted section of the community, The Ridge Townhomes provide convenient access to the clubhouse and nearby amenities. For GPS directions, use 2054 Route 6, Carmel, New York
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,684 | $520,684 | $520,684 |
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 | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $8 | $8 | $8 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,291 | $3,421 | $4,359 |
Total Monthly Payment | $3,391 | $3,521 | $4,459 |
* 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.