5 Available “Cadence” Townhomes in the $600k’s with Rooftop Decks!
Brookfield Residential has 5 available “spec” (meaning under construction but not yet purchased by a buyer) Cadence townhomes in Central Park!
These homes are 3-4 beds, some have studios, all include rooftop decks, all have financing incentives and they’re priced in the $600k’s!
In this post I’ll give you details on the 5 spec homes, rough timelines of when they’ll be complete and provide some insight on the builder incentives being offered.
If you are interested in learning more or you want assistance from a Buyer’s Agent that knows Central Park please reach out. (Note: you pay the same price whether you have an agent or not and the builder pays my fee!) My contact info is at the bottom of the post.
Just this last week I worked with a buyer who was not finding what he wanted in the resale market. We went and toured the Brookfield Cadence townhomes and found him an awesome completed home with city and mountain views! Not only that, but with the builder incentives he’s going to be able to buy down his interest rate significantly for the first 3 years of the loan (or for the lifetime of the loan…it’s his choice how he spends the incentive money!).
Information on the 5 “spec” Homes Listed by Completion Date:
Below is a ton of information on each of the 5 spec homes. When you click on the link below each home you’ll be taken to a page for that home which has details on beds/baths/sf, a great map showing the location, the floor plan and you can click on the “View all included options” button to see what the builder has selected in the home. Then if you like what you see we can go tour the home and see all the exact finishes that are being put in (tiles, carpet, countertops, cabinets, etc). I’d love to help you find the right one for your needs!
Available in April 2023:
10118 E 62nd Avenue Cadence 6- rooftop- $696,446 (April 2023 Move-in)
4 bedrooms, 2 full bathrooms, 2 half bathrooms, covered patio, pocket office
Available in May 2023:
9980 E 62nd Avenue Cadence 6- rooftop- $678,457 (May 2023 Move-in)
3 bedrooms, 2 full bathrooms, 2 half bathrooms, first floor studio
Available in June 2023:
10158 E 62nd Avenue Cadence 6- rooftop- $670,045 (June 2023 Move-in)
3 bedrooms, 2 full bathrooms, 2 half bathrooms, first floor studio
10168 E 62nd Avenue Cadence 4- rooftop- $626,589 (June 2023 Move-in)
3 bedrooms, 2 full bathrooms, 2 half bathrooms
10178 E 62nd Avenue Cadence 5- rooftop- $652,212 (June 2023 Move-in)
3 bedrooms, 2 full bathrooms, 2 half bathrooms, first floor studio
Information on the Builder Incentives on these Homes:
Brookfield recognizes that increased interest rates are hampering some buyers ability to purchase their homes. So to help with that they are offering funds to help the buyer with an interest rate buy down on their loan. What that means in very simple terms is the builder will pay the lender to provide the buyer with a lower interest rate for a period of time. The further the spec home is along win the building process the more the builder is incentivized to pay down the buyer’s interest rate.
For example, on a home that is nearing completion (within 60 days), Brookfield right now will typically provide the buyer with a 3-2-1 interest rate buydown. That means in year one it’s 3% less than the market rate interest rate, then in year 2 it’s 2% less, then in year 3 it’s 1% less, then it goes to market rate. This allows the buyer 3 years of payments at a greatly reduced interest rate and if rates drop they can refinance. Brookfield’s incentives vary by property and change over time, so this is just an example. If you’re interested we can figure out which property works best for you and get into the specifics of the incentives on that particular home.
Next Steps if You’re Interested:
If you like what you see the next step would be to contact us so we can go tour the homes in person. Then if you like one we could dig in on the specifics of the finishes in that home and the incentives being offered.
Interested in new builds in the area but these townhomes aren’t the right fit for you? Here is a post we just did on the 4.875% Interest Rates on WEE Cottages we as well as this post on Infinity Properties in Central Park.
Let us know if we can be of service with your Central Park move! We’d love to hear what you’re specifically looking for and help you track it down.
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