3 Meadow Lane, Old Westbury (Manhasset), NY, 11030 | $2,790,000

* Motivated Seller* Located in the Most Sought After Gated Community. This "Madison Model" is Beautifully located in the Gracewood community, this striking North Hills residence is the epitome of North Shore living. The expansive view spanning the entire length of the home is further complemented by the spacious master suite on the main level, which boasts His and Hers bathrooms and closets. Additionally, this home is equipped with surround sound. The state-of-the-art eat-in kitchen is a wonderful space for all to enjoy. The formal living room has a beautiful fireplace, and two sets of French doors, leads to a custom wraparound two-tiered bluestone patio. Upstairs, three large bedrooms and two bathrooms. A two-car garage with plenty of storage space. The resort-style gated Gracewood community elevates your living experience with amenities such as a Mansion clubhouse, indoor/outdoor pools, a fitness center, tennis courts, a playground, and 24/7 security. A monthly HOA of $1, 400 plus a $275 special assessment covers the cost of these exclusive amenities ($8, 400 entry fee to HOA for every new homeowner in Gracewood). Situated within the highly regarded Shelter Rock Elementary and Manhasset Middle/High School districts, this property offers a blend of convenience, luxury, and a strong sense of community. READY TO MOVE IN!

Features

  • Town: Old Westbury
  • Amenities: Gated
  • Rooms: 12
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Colonial
  • Year Built: 1996
  • Garage: 2-car Attached
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Basement: Finished, Full
  • Approx Sq. Feet: 4,097
  • Acreage: 0.31
  • Est. Taxes: $31,701
  • Lot Desc: Near Public Transit
  • Elem. School: Shelter Rock Elementary School
  • Middle School: Manhasset Middle School
  • High School: Manhasset Secondary School
  • School District: Manhasset
  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: 3550337
  • Days on Market: 132 days
  • Website: https://www.raveis.com
    /eprop/3550337/3meadowlane_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 Douglas Elliman Real Estate   Phone: 516-627-2800

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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
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Our Insurance Division:

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3 Meadow Lane, Old Westbury (Manhasset), NY, 11030

$2,790,000

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 $2,232,000 $2,232,000 $2,232,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $2,642 $2,642 $2,642
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,499 $13,743 $18,535
Total Monthly Payment $15,266 $16,510 $21,302

* 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.