Presented byNick Younker |
Presenting one of the finest properties on the entire island. We are now offering a truly unique opportunity to own a stunning waterfront Tuscan inspired estate on the wide water intracoastal. Expertly designed by award-winning architect Randall Stofft and crafted by renowned builder Rodney Sarkela, this custom-built masterpiece has never been on the market before and spans over 7, 300 total square feet with a resort-like backyard. Spectacularly located just a few properties off the point of North Atlantic Drive in a no-wake zone setting on Hypoluxo Island. Perched with exceptional elevation, this residence commands direct west-facing intracoastal views offering sensational sunsets and an expansive backyard paradise with deepwater dockage to accommodate multiple water toys. Enjoy a heated
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$9,900,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 440.867.3930
Nick.Younker@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,920,000 | $7,920,000 | $7,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $3,010 | $3,010 | $3,010 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $50,713 | $51,369 | $69,537 |
Total Monthly Payment | $53,848 | $54,504 | $72,672 |
* 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.