Charming Expanded Cape in Lake Success* Discover elegance and comfort in this stunning and spacious expanded cape, perfectly situated on a 20, 000 sq ft property in the coveted Village of Lake Success. This home features 5 spacious bedrooms and 3 full bathrooms, designed to meet all your needs. Interior Highlights: Grand Foyer: Welcomes you into an inviting living space. Living Room & Den: The step-down den offers a cozy fireplace and sliding doors that open to a park-like backyard. Gourmet Kitchen: Equipped with a generous breakfast area, perfect for family gatherings. **Primary Bedroom Suite: ** Conveniently located on the first floor, featuring a large closet and an adjacent bathroom. Additional Bedrooms: Two more bedrooms and a bathroom complete the first floor. The second floor houses two additional bedrooms and another full bathroom. Central Air Conditioning: Ensures year-round comfort. Finished Basement: Provides extra living space for recreation or storage. Two-Car Garage: Offers ample parking and storage options. Community Amenities: Village Golf Club, Pool, and Tennis Courts: Enjoy these exclusive amenities available to residents. Security: The area is protected by Lake Success Police for added peace of mind. This property blends elegance with practicality, making it a must-see for those seeking a serene and luxurious lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
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 | $2,430 | $2,430 | $2,430 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,949 | $8,734 | $11,720 |
Total Monthly Payment | $10,504 | $11,289 | $14,275 |
* 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.