The famous house of Mr. Christopher Cunningham, the first elected president of the prominent Jamaica Estate Association is now available. This impressive and elegant Tudor Mansion is a living dream that screams royalty! The private setting located on top of the prestigious Jamaica Estates rested on a double lot totaling over 21, 000 sq ft lot and provides a perfect setting with breathtaking views. This property covers a massive 8, 260 sq ft of total living space, with two luxury master bedrooms, each with access to a spacious 1, 300 sqft balcony providing fresh air and sunshine as it overlooks evergreens for complete privacy. In addition, it includes 4 bedrooms, 4 and a half bathrooms that are in fully renovated condition. As well as original restored stain-glass door, a lovely eat-in kitchen with a 8 foot granite island in kitchen serves perfect for all informal dining, which comfortably seats 4, with an additional breakfast nook and a separate butler's pantry. The premises are have gleaming hardwood floors as well as custom moldings, new electrical, plumbing, heating, and windows. It even has an additional room on the 3rd floor who h can be used as closet space or finished into another bedroom. This enchanting luxury castle features a formal foyer with stunning marble flooring, high 9' ceilings on the 1st and 2nd floors, as well as 2 fireplaces, and over 100 new windows allowing an abundance of sunlight. It also offers 1, 500 sqft of full finished basement with an additional 1, 200 sqft of storage that can be used as a wine cellar, work room or any other option. There are even 7 large windows in the basement which light the area throughout the day and early evening time. Outside you will find 2 entrances, a detached 2 car garage and plenty of space for entertain your guest, to build a pool and a gazebo. This is a diamond in the rough property!
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William Raveis Real Estate
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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 | $3,356,000 | $3,356,000 | $3,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,146 | $2,146 | $2,146 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,055 | $20,937 | $28,094 |
Total Monthly Payment | $21,326 | $23,208 | $30,365 |
* 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.