Welcome to this exceptional waterfront ranch on over an-acre lot On Long Island Sound situated on the most prestigious west side block in the Village of Kings Point with gorgeous views of Manhattan and Bridges and sunset from every room. With its prime location and expansive grounds, this property presents an incredible opportunity to renovate or build your dream home. The current residence boasts panoramic views of Manhattan and Bridges, With the most stunning sunsets creating a serene and inviting ambiance for relaxation and enjoyment. The expansive grounds offer plenty of room for outdoor activities and recreation with a private beach and dock. Whether you envision adding a pool, creating a lush garden oasis, or simply enjoying the natural beauty of the waterfront setting, this property provides a blank canvas for your imagination to run wild. Located in the coveted Village of Kings Point, this waterfront ranch offers the perfect combination of privacy, tranquility, and luxury living. Don't miss the opportunity to make this extraordinary property your own and create the waterfront home of your dreams in one of Long Island's most prestigious neighborhoods. The front door is antique and is excluded from the sale, it will be replaced.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,500,000
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 | $6,800,000 | $6,800,000 | $6,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $5,954 | $5,954 | $5,954 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $39,145 | $42,981 | $57,382 |
Total Monthly Payment | $45,224 | $49,060 | $63,461 |
* 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.