Presented byJonathan Archer |
Introducing 44 Mt Hood, Melrose MA - A perfect blend of modern and traditional elegance awaits in this new home. The foyer features a stunning staircase and a modern chandelier visible from both floors. To the left of the entrance the kitchen beckons with its breakfast dining area and full walk-in pantry, while to the right, a cozy living room awaits with a fireplace. Adjacent to the kitchen lies the sun-drenched private dining room, with a deck to the backyard where sunsets are savored. The main floor also hosts an office space. On the second floor find 3 bedrooms, a full bathroom, and a laundry. The primary bedroom features ample space and French doors leading to a walk-in closet and ensuite bathroom, complete with a freestanding tub. The lower level offers a full bathroom, a flex space adjacent to the garage with a custom mud nook, a second living room, and a bedroom. From the living room, access to the backyard provides a seamless indoor-outdoor. 95% NEW CONSTRUCTION
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,498,889
Sales Associate
William Raveis Real Estate
Phone: 860.713.9000
Jonathan.Archer@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,199,111 | $1,199,111 | $1,199,111 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | $523 | $523 | $523 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,286 | $7,877 | $10,446 |
Total Monthly Payment | $7,934 | $8,525 | $11,094 |
* 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.