Welcome to 101 Cedar, an exquisite and pristine home in Hewlett Bay Park, where luxury and serenity meet on a sprawling park-like property of almost two acres. As you enter the home, you are greeted by a beautifully renovated entryway boasting two large closets. The great foyer leads to a tremendous living room with a marble fireplace, creating an inviting ambiance. The banquet-sized dining room is perfect for hosting elegant gatherings, while the library provides a cozy space to gather and opens to the patio. The spacious granite eat-in kitchen features Subzero and Wolf stainless steel appliances including a double wall oven and 5-burner range. Off the kitchen you'll find a large laundry room for added convenience. On the first floor, there is a guest suite with a full bath, providing privacy and comfort for visitors. The heart of this home is the grand family room with soaring ceilings designed for entertaining, with mahogany built-ins, wood floors, oversized fireplace and French doors that lead out to the patio. a design that seamlessly blends indoor and outdoor living spaces. The upper floors features five bedrooms and five full baths. A fully renovated master suite, complete with a fireplace, spa-like bathroom, dressing room, and two large walk-in closets is the true gem. As you step outside you're transported to your own private oasis. The oversized heated Gunite pool has been completely redone, including all new pool equipment. Take a refreshing dive from the diving board or simply relax on the large brick patio surrounding the pool. As you would expect from a home of this caliber she has a convenient cabana with a full bathroom, dressing room, and refrigerator which adds to the convenience and enjoyment of this outdoor retreat. This home is truly magnificent, the meticulous care and attention to detail are evident throughout. Located in award-winning School District #14, this property offers the perfect combination of luxury, functionality, and convenience. Don't miss the opportunity to call this exceptional residence your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
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 | $2,236,000 | $2,236,000 | $2,236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $4,242 | $4,242 | $4,242 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,521 | $13,767 | $18,568 |
Total Monthly Payment | $16,888 | $18,134 | $22,935 |
* 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.