Floralyn, proudly nestled on one of Lattingtown's most prestigious streets, epitomizes the grandeur of Long Island's legendary "Gold Coast. " Originally built as a Quaker farmhouse, this historic Feeks Lane residence has been meticulously preserved and tastefully updated. Renovated inside and out by architect Mark Ferguson and designer Bunny Williams, Floralyn stands as a timeless example of refined elegance and sophistication. Surrounded by tranquil rolling lawns and storied history, the estate spans 20 acres of meticulously maintained grounds. A haven for relaxation and recreation offering tennis court, an inviting in-ground pool, charming pool house, a guest house, and the only residential practice golf green complex designed as a personal favor to the owner by Bill Coore of the Coore Crenshaw design firm who designed Sand Hills and Friar's Head. Adjacent to the private mansion of Madame Chiang Kai-shek, Floralyn offers a unique blend of historic charm and modern convenience, creating a private oasis just 30 miles from the vibrant heart of New York City. Floralyn's legacy on the North Shore extends beyond its physical beauty. It continues to serve as a cherished retreat, ready for the next owners to start their own chapter to its illustrious story.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,500,000
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 | $12,400,000 | $12,400,000 | $12,400,000 |
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 | $15,887 | $15,887 | $15,887 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $71,381 | $78,376 | $104,638 |
Total Monthly Payment | $87,392 | $94,387 | $120,649 |
* 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.