Oyster Bay Cove- Outstanding opportunity to own a 6-bedroom home in prestigious Oyster Bay Estates. Grand 2-story Atrium entry, 5617 Square feet on 2 of the nicest usable acres in Oyster Bay Cove. Primary 3 room suite is on the main level with office w/ fireplace, loft, main area with floor to ceiling windows and sliders overlooking park-like property. There is an additional main level bedroom or office, full bath and access to 3 car garage. Entertain in the formal dining room, great room or eat in kitchen. The second level has four large bedrooms, and 2 baths. The outside rear property is simply spectacular with a gunite pool with bluestone patio, built-in bar-b-que with Lynx grill and granite surround, Har tru tennis court with lights, perennial plantings, all situated in a private bucolic setting. There is a 4 zone natural gas heating system and 4 zone central air conditioning. Additional features include central vac, 3 car garage, bluestone patio, underground 18 zone sprinkler system on WiFi, gas generator, circular driveway and security system. This home was a total re-build in 1989 by renowned architect Brian Shore. There is a community HOA which includes snow removal, community beautification and 24/7 manned security camera. Sanitation pick up is included in the village taxes. Total annual fee is $940. 93. Do not miss this opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,249,999
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 | $1,799,999 | $1,799,999 | $1,799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.738% | 6.559% |
Monthly Tax Payment | $3,634 | $3,634 | $3,634 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,648 | $11,526 | $15,557 |
Total Monthly Payment | $14,407 | $15,285 | $19,316 |
* 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.