Penfield, NY
Homesite #36 Yorkshire House Special! Includes walkout basement, premium homesite, Morning Room, Finished Basement, Family Room 4' ext. $275,990!!! ‡
Newbury Park is Penfield's best value estate community! With a prime location off of Atlantic Avenue (Rt. 286), this community offers an easy commute to Downtown Rochester. In addition, Newbury Park is within walking distance of Penfield Town Hall, Veterans Memorial Park, and Rothfuss Park. Our new phase backs to open space and a nature sanctuary with ponds - a must see!
Among our many included features are:
- 3 to 4 bedrooms
- 2 to 4 1/2 baths
- 2000+ square feet
- GE dishwasher and electric range
- garbage disposal and hood fan
- Energy star built
- Progress lighting package
- high efficiency furnace
- hydroseeded lawn
- asphalt driveway
We offer a wide variety of custom features as well, such as granite, stone or brick fronts, hardwoods, ceramic tile, gas fireplaces, and much more!
Directions:
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 Mid $230's
Decorated Model
**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 3/19/2010 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: $235,990
Interest Rate: 4.875%
Downpayment: 5%
Property Tax Rate: 3.9%
Origination Fee: 1%
Discount Points: 0%
Hazard Insurance: 0.23%
PMI: 0.89%
Up Front MI: 0%
Downpayment Estimate: $11,800
Loan amount: $224,191
Up front mortgage insurance amount: $00
$276 (Principal)
+ $911 (Interest)
+ $767 (Property Tax Estimate)
+ $45 (Hazard Insurance Estimate)
+ $166 (PMI Estimate)
+ $00 (Condo Fees)
- $253 (1st Year Tax Savings Estimate)
-------------------
$1,912 : 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.