The Sunset Estate - This spectacular waterfront estate is located in Kings Point, New York, on over 47, 000 square feet of gated private grounds with sprawling lawns offering panoramic views of the Long Island Sound. This exceptional compound featuring a six-bedroom, four + bath, Colonial grand main residence, as well as an additional two-bedroom, two bath private guest house, pool, and a detached three car garage. An extraordinary feature of this property, with its stellar panoramic views, is its waterfront promenade with a deepwater pier that extends +/- 185 feet into the Long Island Sound. Your private and protected safe harbor can accommodate any type of boat. Celebrate life and enjoy city skyline views and magnificent sunsets every day of the year! Located on a very quiet exclusive cul-de-sac, and surrounded by the security of the Kings Point Police Headquarters and the United States Merchant Marine Academy, there is no safer place for carefree living. A long private driveway winds its way through the property, accessing each home individually. The property is ultimately defined by the splendid setting and stunning waterfront views enjoyed year-round. The unique surroundings and unmatched private location truly exemplify waterfront living at its very best. Kings Point residents have access to the Great Neck Park District, which offers summer concerts, beautiful parks, camps, and endless activities year-round. Renovate or build new, 40 Sunset can be your fresh palette, worthy of building your dream home. The possibilities are endless. . . . . Dreams can become your reality at 40 Sunset.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$8,250,000
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 | $6,600,000 | $6,600,000 | $6,600,000 |
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 | $6,298 | $6,298 | $6,298 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $37,474 | $41,175 | $55,250 |
Total Monthly Payment | $43,897 | $47,598 | $61,673 |
* 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.