Juniper

For

$306,865

Est. Payment

$2,065 /mo

Own a home at Gray Mount Commons
Temporary Interest Rate Buydown Subsidy Available.
Year 1: Payment of $2,065, based on a 3.99% Interest Rate, 6.441% APR
Year 2: Payment of $2,244, based on a 4.99% Interest Rate
Year 3-30: Payment of $2,433, based on a 5.99% Interest Rate

Principal & Interest

$1,437

Property Tax

$442

Hazard Insurance

$50

Mortgage Insurance

$136

Total estimated monthly payment

$2,065

Financing example based on a FHA 30 year fixed loan product with a 2-1 buydown. Based on a sales price of $306,865, a loan amount of $301,375 and a 3.5% down payment. Principal and interest payment of $1,437/month with a rate of 3.99% for year one, $1,616/month with a rate of 4.99% for year two, $1,805/month with a rate of 5.99% for year three and an APR of 6.441%. Rates come at a cost of 1.375% of the loan amount. Real estate taxes are estimated at $442 per month, mortgage insurance is estimated at $136 per month and hazard insurance is estimated at $50 per month for a total monthly payment of $2,065 for year one, $2,244 for year two and $2,433 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 June 2026

Gray Mount Commons offers the only new townhomes in Elkton, ideally located minutes from Newark, Delaware, with easy access to I-95 and Route 40. This Juniper floorplan features 3 bedrooms, 2 full bathrooms, 1 half bath, and 1,220 square feet of thoughtfully designed living space.

The open-concept layout is designed for everyday convenience, with luxury vinyl plank flooring creating a modern, durable finish throughout the main living areas. The kitchen includes white cabinetry, a center island for added workspace, and a full appliance package, including the refrigerator. Washer and dryer are also included for move-in ease.
A 10x10 deck extends the living space outdoors, while the walkout unfinished basement offers additional storage or future living potential with a rough-in for a bath.

Upstairs, the bedrooms provide comfortable space for everyday living, guests, or a home office.

Scheduled for June 2026 delivery, this home offers a low-maintenance lifestyle and strong value in a growing Elkton location. Schedule your visit today.

Located in the

Gray Mount Commons Community

118 Michaels Way
Elkton, MD 21921

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Additional Homes for Sale in Gray Mount Commons

Starting From $2,020/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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