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NEW CONSTRUCTION. This two-story Cranberry II home is situated in the Deer Pond Ridge neighborhood at Redbrook. This exceptional home features an open floor plan with cathedral ceilings, hardwood floors, custom kitchen with center island, SS appliances and granite countertops, large dining area and open living room with a cozy fireplace. The first floor primary suite comes with two walk-in closets and a full ensuite bath with double vanity. The convenient laundry/mudroom and 1/2 bath is just off the two-car garage. Upstairs you'll find two additional bedrooms with a shared bath and finished bonus room over the garage. Enjoy relaxing on your backyard deck, or walk to Deer Pond trails and beach area. Photos are of a model home and may show upgrade options. All Buyers & Buyers' Agents are encouraged to do their due diligence.
Type | Description | Level |
---|---|---|
Bedroom 2 | Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup | Second |
Bedroom 3 | Closet, Flooring - Wall to Wall Carpet, Cable Hookup | Second |
Dining Room | Flooring - Hardwood, Open Floorplan, Lighting - Overhead | Main,First |
Kitchen | Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cable Hookup, Open Floorplan, Recessed Lighting, Stainless Steel Appliances | Main,First |
Living Room | Cathedral Ceiling(s), Flooring - Hardwood, Cable Hookup, Open Floorplan | Main,First |
Master Bedroom | Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup | Main,First |
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $743,920 | $743,920 | $743,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,401 | $4,825 | $6,429 |
Total Monthly Payment | $4,493 | $4,917 | $6,521 |
* 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.