1 Chestnut Drive, Old Westbury (Great Neck), NY, 11021 | $3,280,000

This magnificent Tudor-style residence is located in the prime location of Great Neck Estates, facing south with abundant sunshine. The 5-bedroom, 5-bathroom home boasts elegant design with high-end materials used throughout, including a designer kitchen that is perfect for cooking and entertaining guests. The unique 50'6"x27'0" indoor swimming pool in the sunny room allows for year-round swimming enjoyment. The spacious master bedroom with a fireplace, high ceilings, and exquisite decorative lines adds a luxurious feel to the home, making it the ideal place to relax after a long day. The basement and backyard have been renovated to add charm to this beautiful property, new updated A/C System. The property is located in an "optional" school district, providing flexibility for families. Residents can enjoy the convenience of rural facilities, including private police, seaside parks, swimming pools, winter and summer tennis courts. It is close to town, shopping, and the LIRR. With a 25-minute ride on the express train, you can reach Manhattan, making this home truly have it all. You can enjoy the tranquility of suburban life while still having easy access to the bustling commercial and entertainment areas of the city. If you are looking for a luxury home in a prime location, this stunning Tudor is the best choice. must to see!!!

Features

  • Town: Old Westbury
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 5 full
  • Style: Tudor
  • Year Built: 1928
  • Garage: 1-car Detached
  • Heating: Natural Gas, Steam
  • Cooling: Central Air
  • Basement: Finished
  • Acreage: 0.41
  • Est. Taxes: $43,043
  • Lot Desc: Near Public Transit, Private
  • Elem. School: Saddle Rock School
  • Middle School: Great Neck South Middle School
  • High School: Great Neck South High School
  • School District: Great Neck
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: 3556657
  • Days on Market: 172 days
  • Website: https://www.raveis.com
    /eprop/3556657/1chestnutdrive_oldwestbury_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Lin Pan Realty Group LLC   Phone: 516-693-9888

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Chestnut Drive, Old Westbury (Great Neck), NY, 11021

$3,280,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $2,624,000 $2,624,000 $2,624,000
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 $3,587 $3,587 $3,587
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,899 $16,370 $21,966
Total Monthly Payment $18,611 $20,082 $25,678

* 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.