BRAND NEW CONSTRUCTION ~ TO BE BUILT. This is an opportunity to customize your exclusive luxury residence approximately 7000 sf interior, plus a 3000 sf Basement with 10 foot ceiling. Local prominent builder, will finish to perfection on this incredible flat 2. 20-acre property. Exceptional neighborhood in the Wawapek and Titus area of Cold Spring Harbor. This property is close to the 32-acre Wawapek Preserve, serene and private. Proposed Estate, offering 5 en-suite Bedrooms, Gourmet Kitchen, Great room, Game room, fireplace, Formal Living Room, Dining Room, radiant heat throughout, and a 3-car Garage are some of the many amenities offered. This high-end new construction will be the epitome of luxury with a fresh on point design, in one of the most desirable neighborhoods of Cold Spring Harbor. *Please note renderings are for informational purposes; showing options and or customizations that will include additional costs. * Owner Financing Available. Please inquire if interested in purchasing Land. Private Eagle Dock Beach with mooring rights (fee). Close to charming Village of CSH, train, shopping, schools and beaches. CSHSD#2
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,895,000
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 | $4,716,000 | $4,716,000 | $4,716,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,148 | $29,808 | $39,796 |
Total Monthly Payment | $27,273 | $29,933 | $39,921 |
* 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.