Beachfront luxury in Shippan! This grand colonial home is boasting 5 bedrooms and 7 bathrooms. The main level features a chef's kitchen that's been meticulously updated, where cooking becomes an art form. Host in your formal dining room, brilliant family room, oversized living room, or home office completed with coffered ceilings; this home is a beyond stunning! Bask in panoramic views of the LI Sound from every corner of the house. Upstairs, in the primary suite you'll experience a sanctuary with its private balcony overlooking the water. Completed with a dressing room/office, 2 walk in closets and primary bath with incredible views from your jacuzzi tub. In addition, the second level of this exquisite home you'll discover 3 additional bedrooms, each offering comfort and style. The top level beckons with a versatile sitting/game room, ideal for entertainment, alongside a convenient home office for productivity & a bedroom with an en suite bathroom ensures privacy and convenience. Descend to the lower level, to a family/game/home gym space, completed with a full bath and sauna for indulgent relaxation. This home truly offers every amenity for elevated living. Welcome to your coastal oasis, where elegance meets comfort and every day feels like a vacation.
Type | Level |
---|---|
Bedroom 1 | Upper |
Bedroom 2 | Upper |
Bedroom 3 | Upper |
Bedroom 4 | Upper |
Dining Room | Main |
Living Room | Main |
Primary Bedroom | Upper |
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$4,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,996,000 | $3,996,000 | $3,996,000 |
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 | $5,445 | $5,445 | $5,445 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,689 | $24,930 | $33,451 |
Total Monthly Payment | $28,259 | $30,500 | $39,021 |
* 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.