338 Cold Spring Road, Oyster Bay (Syosset), NY, 11791 | $1,799,000

Welcome to your new resort-style home located in the heart of Syosset, Long Island. This stunning property offers an unparalleled living experience, combining luxury, comfort, and functionality. Step into the expansive chef's kitchen, recently renovated to feature top-of-the-line appliances, custom cabinetry, and an oversized island perfect for meal prep and casual dining. The open-concept layout flows seamlessly into the spacious living and dining areas, ideal for entertaining guests or enjoying family time. With eight generously-sized bedrooms and five beautifully-appointed bathrooms, this home provides ample space for everyone in the family. The master suite is a true retreat, boasting a spa-like en-suite bathroom with a soaking tub, separate shower, and double vanity. Spanning 3, 500 square feet of living space, this property ensures that every family member has their own private sanctuary. The home is a legal two-family dwelling with a Certificate of Occupancy (C/O), allowing you the flexibility to use the second unit as an in-law suite or a mother-daughter setup. Parking will never be an issue with plenty of space to accommodate multiple cars. The outdoor area is nothing short of spectacular. Enjoy year-round relaxation and entertainment with a heated saltwater resort-style pool, complete with a new motor installed just last season. The pool skimmers and granite pavers were also renovated two years ago, ensuring the highest quality and aesthetics. The landscaped backyard provides a serene setting, with ample space for outdoor dining, lounging, and play. Inside, you'll find a bar in the loft room, creating a perfect spot for hosting parties or unwinding after a long day. Additional updates include a kitchen renovation completed last year, a roof that's only seven years old, windows replaced six years ago, and a water heater that is just three years old. This home truly has it all - luxury, space, and versatility, making it the ideal choice for your next residence. Don't miss the opportunity to own this exquisite property in Syosset, Long Island. Your permanent vacation at home awaits!

Features

  • Town: Oyster Bay
  • Rooms: 14
  • Bedrooms: 8
  • Baths: 5 full
  • Units: 2
  • Style: Colonial
  • Year Built: 1964
  • Heating: Oil, Other
  • Cooling: Central Air
  • Basement: Finished
  • Acreage: 0.47
  • Est. Taxes: $25,810
  • Middle School: South Woods Middle School
  • High School: Syosset Senior High School
  • School District: Syosset
  • Pool: In Ground
  • MLS#: 3579704
  • Days on Market: 57 days
  • Website: https://www.raveis.com
    /prop/3579704/338coldspringroad_oysterbay_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of BLT Minimax Realty Inc   Phone: 718-609-0800

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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338 Cold Spring Road, Oyster Bay (Syosset), NY, 11791

$1,799,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,439,200 $1,439,200 $1,439,200
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 $2,151 $2,151 $2,151
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,059 $8,861 $11,951
Total Monthly Payment $10,335 $11,137 $14,227

* 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.