* 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!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,790,000
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 | $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.