**Price Reduction $6, 990, 000. ** Welcome to 4 Old Wagon Lane in Old Westbury, NY. The luxurious estate sits on a 4. 01 acre well-manicured property with a beautiful stunning brick home of approximately 8, 900 square feet. Step into the utmost of luxury in this finely detailed home. The high quality craftsmanship is evident though-out the 1st floor's formal dining room, living room, piano room and home office. The Chef's custom eat in kitchen features Thermador appliances, a large island and a fireplace. There are also fireplaces in the formal dining room and living room. The 2nd floor features the main bedroom, which is the utmost of luxury. Large, airy and filled with natural light. The room's fireplace opens to the bedroom and to its tranquil sitting area, There are multiple oversized closets and an outdoor balcony. Its ensuite bathroom features a large jacuzzi, beautiful cabinetry and counter tops, enormous walk in shower and an outdoor balcony overlooking the gardens. The 3 additional bedrooms with ensuite bathrooms complete the 2nd floor. The attic space is fully finished as an entertainment/lounge area with a full bar. The basement with its high ceilings consists of a large family/game room, an additional kitchen and a large full bath. It also has two additional bedrooms, a large home gym and direct access to the back yard. The well manicured outdoor grounds feature a large multilevel stone patio, a gunite in ground pool with jacuzzi, a tennis court and an additional BBQ/entertainment detached structure with a Lynx BBQ Grille, lounge area, large island and fireplace. The all white, approximately 1, 000 square foot addition is stunning and fantastic for hosting friends and family. Three car heated garage is attached for your convenience. Prestigious Jericho School District. Call to schedule a private tour of this stunning estate in the heart of Old Westbury.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,990,000
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 | $5,592,000 | $5,592,000 | $5,592,000 |
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 | $8,833 | $8,833 | $8,833 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,751 | $34,887 | $46,812 |
Total Monthly Payment | $40,709 | $43,845 | $55,770 |
* 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.