Rare opportunity at this price point! This expansive 40, 000+ square foot lot boasts over 4, 000 square feet of available ground cover and presents a private, serene setting, highlighted by a long, picturesque shell driveway bordered by lush evergreens. The recently completed main house offers 4 en suite bedrooms and a pool with an elegant stone patio surround. The open floor plan is designed for modern living, with a kitchen featuring a waterfall-edge stone island that comfortably seats four. Adjacent is the living room, offering a custom wet bar and direct access to the outdoor patio and pool, perfect for indoor-outdoor entertaining. Available upgrades include adding a second dwelling, a pool cabana, a garage, finishing the basement with 3 additional bedrooms, or purchasing the Covenant Lot at the rear of the property for further expansion. The Covenant Lot has been approved but has not yet been recorded, so it does not currently place any restrictions on the property.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$3,789,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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 | $3,031,200 | $3,031,200 | $3,031,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,211 | $18,911 | $25,375 |
Total Monthly Payment | $17,336 | $19,036 | $25,500 |
* 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.