Monte
Brand-new construction on eleven acres in a tucked-away setting moments from major shopping, backing to a scenic waterway and nature trail.
The Monte plan offers 1,742 square feet across three bedrooms, each with its own private en-suite bathroom, plus a powder room for guests. The kitchen, dining and living areas open into one another around a central island, and a private balcony sits off the great room. A 459 square foot attached garage, ample storage, and 211 square feet of private outdoor space.
The community sits on eleven acres backing onto a scenic waterway and nature trail, with a sports court, fitness par course, bocce ball court, community garden, dog park, picnic areas with barbecue grills, a children’s playground and a bird-watching overlook deck. Solar is included on every home.
per month · principal & interest
This is two side-by-side units sold as one package, so the payment above is for one side only. Live in one side on FHA at 4.99% with 3.5% down ($34,956), and finance the other conventionally at today’s 7.28% with 20% down ($199,750) — $234,706 down in total. That is $5,258 plus $5,467, or $10,725 a month for both sides, and a tenant is estimated to cover $5,500 of it, leaving $5,225 a month. With both sides at today’s 7.28% it would be $12,177, or $6,677 after rent. The rent estimate came independently from two local property management firms and is not guaranteed. Principal and interest only. Ask us to run the numbers on your own situation.
Neighborhood Loans · NMLS 198202
619.843.0627
adelgadillo@neighborhoodloans.com
Open house every Saturday & Sunday
511 Ohlone Parkway, Watsonville