BEST AND MOST DESIRABLE WATERFRONT PROPERTY IN SADDLE ROCK GREAT NECK: This highly coveted legacy property, with over 100 feet of Long Island Sound frontage directly in front of the Throgs Neck bridge, is a yachtsman and water view lover's dream. Having not changed hands in 60 years, this is truly a rare, once in a lifetime opportunity to acquire this quintessential generational Saddle Rock residence. This unique split-level open-design home features a wide, solid oak central staircase that leads to a spectacular living room with soaring 20-foot ceilings and walls of glass showcasing the magnificent view. The oversized bluestone patio, expansive lawn, and well-manicured park-like landscaping bring waterfront living and entertaining to an entirely new level. Open, unimproved village-owned property, including the village dock and mooring area, borders this exclusive location to the west. It offers unparalleled privacy and direct waterfront access. Located just steps from the private village tennis courts, pool, and park, this meticulously maintained, and painstakingly updated residence features custom handmade cabinetry and built-ins throughout, a whole house generator, a central vacuum system, and an extensive underground sprinkler system. In addition, with a comprehensive central station alarm system and a Nassau County Police booth just steps away, security is never a concern. Shown by appointment only.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,950,000
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 | $4,760,000 | $4,760,000 | $4,760,000 |
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 | $3,450 | $3,450 | $3,450 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,027 | $29,696 | $39,847 |
Total Monthly Payment | $30,602 | $33,271 | $43,422 |
* 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.