Welcome to a legacy property for you to secure for generations to come. The 5. 7 Acres are a secluded Oasis. With paths and winding drives, sitting areas and gardens. There is a cottage at the foot of the property standing sentry along the brick columns that secure the two entry drives with majestic iron gates. Please refer to the survey attached to get a representation of how well this property lays out. The House itself is on Manhasset bay and not visible from the street. There is a three car garage also on the property that once housed the driver of the estate. The home is architecturally bold. It grabs the the light air and space of the property and brings it inside. The walls of glass facing the water give you the feeling you are on a yacht. The modern open stair case creates a dramatic view over the atrium into the grand living space. Privacy, elegance, serenity, are words that come to mind when watching the sun set every evening. You are in the front row of earths greatest show. NYC and sailboats add to the priceless views. The deep-water dock allows you to keep your Yacht at home. And if you want to commute by boat to NYC the ride is only 30-45 minutes. The gated tennis court and heated pool rounds out the resort experience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,900,000
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 | $7,920,000 | $7,920,000 | $7,920,000 |
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 | $11,645 | $11,645 | $11,645 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,592 | $50,060 | $66,833 |
Total Monthly Payment | $57,362 | $61,830 | $78,603 |
* 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.