118 Tower Hill Road W, City Not Found (Tuxedo), CT, 10987 | $2,295,000
"Riven Oaks" was designed by James Lord Brown for Miss Mary LeRoy King c. 1900. The property was sold to Eben Richards the son-in-law of railroad emperor, Henry Clay Pierce. Listed on the National Register of Historic Places. This renowned architect drawing details from the classical, with highly embossed curved pediment and tall Corinthian pilasters combine to make this one of the more imposing structures in Tuxedo Park. Picturesque, unique and beautiful Tuxedo Park founded by Pierre Lorillard IV in 1885 is recognized as America's first true gated communities. This spectacular 13, 000 sq ft home sits on a high point of the exclusive Tower Hill, offering mountain and lake views. After a careful multiyear phase of research, planning and designing utilizing the services of some of the most accomplished contractors, engineers and architects specializing in historic restoration and preservation is now ready for the restoration to begin. Private and Historic Tuxedo Park is 24/7 gate guarded within one hour to Mid-town Manhattan, offering swimming, boating, biking, fishing with endless miles of hiking trails accessible.
Features
- Town: City Not Found
- Amenities: Gated
- Rooms: 12
- Bedrooms: 9
- Baths: 7 full / 3 half
- Style: Estate
- Year Built: 1900
- Heating: Oil, Baseboard, Hot Water
- Cooling: None
- Basement: Full, Unfinished, Walk-Out Access
- Approx Sq. Feet: 9,270
- Acreage: 2.7
- Est. Taxes: $61,201
- Lot Desc: Historic District, Near Public Transit
- View: Mountain(s), Lake
- Water Front: Yes
- Elem. School: George Grant Mason Elementary School
- Middle School: George F Baker High Sch
- High School: George F Baker High Sch
- School District: Tuxedo
- MLS#: H6137677
- Days on Market: 1180 days
- Website: https://www.raveis.com
/prop/H6137677/118towerhillroadw_citynotfound_ct?source=qrflyer
William Raveis Family of Services
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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888.699.8876
Contact@raveis.com
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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!
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
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203.925.4590
For homebuyers and sellers, our Attorney Network:
- Consult on purchase/sale and financing issues, reviews and prepares the sale agreement, fulfills lender
requirements, sets up escrows and title insurance, coordinates closing documents - Offers one-stop shopping; to satisfy closing, title, and insurance needs in a single consolidated experience
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118 Tower Hill Road W, City Not Found (Tuxedo), CT, 10987
$2,295,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,836,000 | $1,836,000 | $1,836,000 |
| 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 | $5,100 | $5,100 | $5,100 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,425 | $11,454 | $15,370 |
| Total Monthly Payment | $15,650 | $16,679 | $20,595 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
CT Mortgage Correspondent Lender License 15524