Juniper

For

$299,990

Est. Payment

$1,953 /mo

Own a home at Gray Mount Commons
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $1,953, based on a 3.99% Interest Rate, 6.408% APR
Year 2: Payment of $2,128, based on a 4.99% Interest Rate
Year 3-30: Payment of $2,313, based on a 5.99% Interest Rate

Principal & Interest

$1,405

Property Tax

$365

Hazard Insurance

$50

Mortgage Insurance

$133

Total estimated monthly payment

$1,953

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $299,990, a loan amount of $294,740 and a 3.5% down payment. Principal and interest payment of $1,405/month with a rate of 3.99% for year one, $1,580/month with a rate of 4.99% for year two, $1,765/month with a rate of 5.99% for year three and an APR of 6.408%. Rates come at a cost of 1% of the loan amount. Real estate taxes are estimated at $365 per month, mortgage insurance is estimated at $133 per month and hazard insurance is estimated at $50 per month for a total monthly payment of $1,953 for year one, $2,128 for year two and $2,313 for years 3-30. Interest rate is based on a 30 day rate lock. Rates and APR on loan programs may vary based on credit criteria, final amount of down payment and are subject to current market pricing. Maximum product permissible Interested Party Contribution Limits and QM points/fee limits apply. Certain restrictions may apply. Prices, offers and financing are subject to change without notice. Financing is available through NVR Mortgage Finance, Inc. NMLS ID# 1127.

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410.261.6513

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Located in Gray Mount Commons

3 Bedroom

1,220 Sq.Ft.

2 Full Bath

1 Half Bath

Floor Plan

Virtual Tour

About the Home

Available in May 2026

Gray Mount Commons offers the only new townhomes in Elkton, ideally located minutes from Newark, Delaware, with convenient access to I-95 and Route 40. This home features the Juniper floorplan with 3 bedrooms, 2 full baths, and 1 half bath across 1,220 square feet of thoughtfully designed living space.This home is the final opportunity to back to the community pond, with no rear neighbors and peaceful open-space views. The kitchen is upgraded with linen cabinetry, gas cooking, a center island for added workspace, and all appliances included refrigerator – washer, and dryer. A rear walkout leads to a 10x10 deck, perfect for enjoying the outdoor setting throughout the warmer months.Upstairs bedrooms provide comfortable living, while the owner’s bath includes a tub-shower combination. The unfinished walkout basement offers flexibility for storage or future use. This low-maintenance townhome delivers practical living in a convenient location.Scheduled for May 2026 delivery, this move-in-ready home combines value, location, and a rare pond-backed homesite. Schedule your visit today.

Located in the

Gray Mount Commons Community

112 Michaels Way
Elkton, MD 21921

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Additional Homes for Sale in Gray Mount Commons

Starting From $1,953/mo.

Decorated Model

Juniper

From $299,990+

3 Bedroom

1,220 Sq.Ft.

2 Bathroom

Interactive Floor Plan

Floor Plan

Virtual Tour

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