South Lockport, NY
New wooded homesites now available!
For a lifestyle that seamlessly blends a tranquil, wooded setting with a highly convenient location, look no further. Surrounded by protected woodlands, Heather Woods is a serene single-family new home community boasting ½ acre and larger homesites with easy access to Route 78, East Amherst and the esteemed Starpoint schools.
• Located in South Lockport, NY
• Up to 5 bedrooms and up to 3 ½ bathrooms
• Up to 3,600 square feet
• 2-car garage
• Asphalt binder driveway, dishwasher and garbage disposal
• Custom options include: solid surface countertops, house extensions, masonry façade and gourmet kitchen
• Highly desirable Starpoint School District
• Easy access to Route 78 and all East Amherst amenities
Directions:
-Take 990 to the Millersport exit
-Take Millersport to Transit Rd. and go left heading north
-Follow Transit Rd. to a right on Rapids Rd.
-Left on Bordino Dr.
-Model on right
For Navigation Use:
South Transit and Rapids Road
Lockport, NY 14094
Models Available
Starting from the Upper $150's
Decorated Model
**Limited time only. Financing based on a 30 Year Conventional loan, with an interest rate of 4.75%, an APR not to exceed 5.53%, 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 0.5 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 3/18/2010 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: $157,990
Interest Rate: 4.75%
Downpayment: 5%
Property Tax Rate: 3.2%
Origination Fee: 1%
Discount Points: 0.5%
Hazard Insurance: 0.23%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $7,900
Loan amount: $150,091
Up front mortgage insurance amount: $00
$189 (Principal)
+ $594 (Interest)
+ $421 (Property Tax Estimate)
+ $30 (Hazard Insurance Estimate)
+ $111 (PMI Estimate)
+ $00 (Condo Fees)
- $165 (1st Year Tax Savings Estimate)
-------------------
$1,181 : 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.