Nestled at prestigious Straws Point, this stunning residence exudes elegance and grace. Step through the mahogany double doors and immerse yourself in its splendor, featuring impeccable craftsmanship with coffered ceilings, a grand curved stairway, and a captivating beach stone wood fireplace. Delight in culinary masterpieces in the gourmet eat-in kitchen, seamlessly connected to the deck for al fresco dining. The formal dining room, adjacent to the kitchen, is perfect for elegant gatherings with its own deck access. The remarkable family room boasts soaring ceilings, multiple seating areas, and custom built-ins. An enclosed porch off the family room invites relaxation on warm summer days with its wide-open French doors. The sophisticated home office features wood-paneled walls, ample natural light, and a cozy wood-burning fireplace. Retreat to the luxurious primary suite with three walk-in closets, a spa-like marble bath, and a private deck offering sweeping water views. Four additional bedrooms, including a recently designed “bunk room, ” each boast ensuite baths for utmost comfort. The lower level offers an oversized game room, exercise room, and walkout to a private backyard. The grounds, reconstructed in 2023/24, allow for spacious outdoor entertainment. Originally built in 1880 as the esteemed "Tea Room, " this home has been cherished by Straws Point residents. Now is your chance to own this extraordinary residence!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,360,000 | $3,360,000 | $3,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $2,031 | $2,031 | $2,031 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,145 | $21,793 | $29,269 |
Total Monthly Payment | $22,301 | $23,949 | $31,425 |
* 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.