A Plandome Wraparound Porch Colonial Revival Masterpiece on a double lot. Rebuilt from the ground up and expanded in modern elegance and timeless flair by the famed architect Guy Ladd Frost of the Rhode Island School of Design. The house is approximately 6, 364 square feet plus a represented additional 1, 600 square feet lower level, 7 bedrooms and 5 full and 2 1/2 stunning baths with contemporary marble design from The Walker Zanger Studio. New exquisite private vaulted loft which can be used as bedroom suite, executive office or yoga studio with lovely views of manicured grounds and pool. Spectacular Heated Salt Water Gunite Pool with expansive brick patio and a lush private setting with mature plantings for entertaining. The commercial developer/owner was instrumental in the design of this prewar Colonial Revival reconstruction. Other features of this amazing home include: custom millwork throughout, modern chef's kitchen with Wolf appliances and Sub-Zero refrigerator, 10-foot ceilings, 16 zone hydronic & radiant heat, 8 zone AC, 400 Amp electrical service, commercial gas boiler, 150-gallon indirect water heater and central vacuum. 3 tower washer/dryers in 2 laundry areas. Security System and full house generator ready. New 1, 600 square foot lower level featuring Refreshment Kitchen with Wine Tower, Refrigerator and Dishwasher, and Entertainment Center, Media, Wellness Areas, abundant closet and storage space and laundry. 2. 5-car attached heated garage with pet grooming station. Plandome Field & Marine w/tennis, beach & mooring rights (fee).
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,549,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,239,200 | $5,239,200 | $5,239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | $3,436 | $3,436 | $3,436 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,834 | $34,418 | $46,000 |
Total Monthly Payment | $35,395 | $37,979 | $49,561 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.