Stunning 6-Bedroom Home on Piping Rock Road, Locust Valley. Welcome to your dream home! Nestled on the serene Piping Rock Road in Locust Valley, this expansive 13-room residence offers an unparalleled blend of elegance and comfort. With six spacious bedrooms and five full baths plus a half bath, this home is designed for both relaxation and entertaining. The soaring ten-foot ceilings create an airy atmosphere throughout the main living areas. The first-floor primary suite provides a private retreat, complete with luxurious amenities and easy access to the heart of the home. Enjoy the beauty of the outdoors with a charming guest cottage that offers privacy and versatility-perfect for visitors, a home office, or creative space. This property boasts ample living space, well-appointed rooms, and stunning architectural details. Whether you're hosting gatherings or enjoying quiet evenings, this home is a perfect backdrop for your lifestyle. Don't miss the opportunity to make this magnificent home yours. Experience the elegance of Piping Rock Road living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,299,000
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 | $1,839,200 | $1,839,200 | $1,839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $3,490 | $3,490 | $3,490 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,587 | $11,625 | $15,520 |
Total Monthly Payment | $14,202 | $15,240 | $19,135 |
* 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.