This is the home you've been waiting for! Rarely available. Legal 2 Family on One full acre. Magnificent Georgian Style Colonial with additional attached ranch for a total of approximately 4200 sq ft in the Kings Park Woods section in the Timber Ridge Development. Private country club living in a beautiful community. Only 24 of these homes were built. 7 bedrooms, 4. 5 bathrooms. Main house is approximately 3000 sq ft with 5 bedrooms and 2. 5 bathrooms. Walk into an inviting entry foyer with a grand staircase with views of the den/library with full wall bookshelf and the formal living room with large bow window with inviting seating. Large formal dining room with fireplace (which can be used with wood or gas) surrounded by built-in cabinetry and stately mantle. The kitchen features stainless steel appliances, gas range with double ovens, a breakfast nook and converted butlers pantry for extra storage and cabinetry. All with panoramic views of the spacious and private rear yard. Sliders take you out to a brick and paver patio and large resort style yard. Beautiful multi-tiered landscape with stone staircase leads up to a resort style in-ground salt water pool. There are 3 storage sheds and extra room to build your own tennis, pickle-ball or game court. Main floor also has laundry and additional bedroom for guests, half bath, CAC on both floors, recessed lighting, crown molding throughout and premium wood-grain vinyl flooring. There is an attached 2 car garage and onsite parking for at least 8 cars. The 2nd floor boasts a massive master suite with a huge master bath with separate jet tub, walk-in shower, double sinks and make-up table. There are also his and her closets. Also on the 2nd floor are 3 additional bedrooms and a full bathroom. The Ranch house is approximately 1200 sq ft and has its own separate entrance with driveway parking and features 2 bedrooms and 2 full bathrooms. The master suite is very large, has vaulted ceilings , 4 double closets and its own bath. Sliding doors provide peaceful view of rear yard. Nice size living room and eat in kitchen with sliders that open to a private yard and patio. The ranch house has its own separate gas and electric meters and CAC. Ranch can be rented for $3500 a month but will be delivered vacant. Purchase for investment income or the perfect family legacy property. Close to Sunken Meadow Park/Beaches, Railroad, 5 minutes to LIE & Northern Pkwy via Sunken Meadow Pkwy. Enjoy the natural beauty of this rare hidden gem in Kings Park! Call to make a private appointment today! Possible owner financing!
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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 | $1,320,000 | $1,320,000 | $1,320,000 |
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 | $1,705 | $1,705 | $1,705 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,495 | $8,235 | $11,050 |
Total Monthly Payment | $9,325 | $10,065 | $12,880 |
* 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.