Penfield, NY
Sorrento House Special on Homesite 3. Only $159,990!! ‡
For those of you who never thought you’d find an affordable community in the Penfield School District, we invite you to take a look at Dugway Knolls, a stunning community of single-family homes for an incredible price. Parks and golf courses lie within walking distance of your home, which add to the ease and enjoyment of every day life.
• Located in Monroe County
• Walk to parks and golf courses
• 3-5 expansive bedrooms
• 2-3 ½ sumptuous bathrooms
• A 2-car garage
• 1,300-3,100 square feet of living space
• Stone water table included on all fronts
• Hydroseeded lawn
• Poured concrete sidewalk
• Driveway
• Welcoming post light
Directions:
For information, please visit our Newbury Park model:
From the intersection of Rt. 250 and Rt. 441, head north on Rt. 250. Turn left on Atlantic Avenue (Rt. 286). Turn right on Jackson Road. Take your first left onto Spring Side Lane. The model is the first home on the left.
For Navigation Use:
31 Spring Side Lane
Penfield, NY 14526
‡ This is a limited time offer and available only on new contracts when financing through NVR Mortgage. Please consult our sales representative for details.
Models Available
Starting from the Upper $170's
**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 4.875%, an APR not to exceed 5.621%, and 5% down payment. Monthly payment assumes the base sales price of the community which includes principal, interest, estimated taxes, insurance and estimated tax savings based on a 28% income tax rate. We recommend that you consult a Certified Public Accountant regarding your specific tax situation and details. Monthly payment does not include homeowner's association dues. The borrower is paying 0 discount point(s). A 1% origination fee is paid by the buyer. Mortgage insurance is included in these examples because the LTV is 95%. Qualifying and rates on loan programs may vary based on credit criteria, final amount of down payment, and are subject to current market pricing. APR may vary depending on rate and final loan program. Certain restrictions may apply. Rates effective 3/16/2010 and subject to change without notice. Prices, offers and financing are subject to change without notice. See sales representative for details.
Product: 30 Year Conventional
Sales Price: $179,990
Interest Rate: 4.875%
Downpayment: 5%
Property Tax Rate: 3.8%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.23%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $9,000
Loan amount: $170,991
Up front mortgage insurance amount: $00
$210 (Principal)
+ $695 (Interest)
+ $570 (Property Tax Estimate)
+ $34 (Hazard Insurance Estimate)
+ $127 (PMI Estimate)
+ $00 (Condo Fees)
- $193 (1st Year Tax Savings Estimate)
-------------------
$1,443 : Estimated Monthly Payment
Federal tax credit up to $8,000 for first-time buyers and $6,500 for move-up buyers available on homes under contract as primary residences by 4/30/2010 and settled by 6/30/2010. $8,000 tax credit is for first-time buyers or those who have not owned a primary residence in 3 years. The $6,500 credit is Available to Move-Up Buyers who have maintained the same principal residence for any 5-consecutive year period during the 8-year period ending on the date of the settlement. Income limitations and other restrictions apply. We suggest you consult a Certified Public Accountant and IRS.gov for tax advice and official requirements. Prices, financing and other offers subject to change without notice. See sales representative for details.