A remarkable waterfront property situated in a highly desirable cul-de-sac on Milton Point, offering awe-inspiring views of Long Island Sound that are equally captivating at any time of the day. This home seamlessly combines luxury, comfort, and convenience, making it a must-see for those in search of an outstanding waterfront lifestyle, close to both nature and urban amenities. With an open-flow design facilitating a smooth transition between indoor and outdoor areas, it provides ample space for entertaining, extending from the chef's kitchen to the outdoor barbecue area. Featuring five bedrooms, each with its own bathroom, this home offers both privacy and a practical layout tailored to your needs. This unique residence offers an unparalleled lifestyle, boasting panoramic views, water access and in-ground salt water pool for various water sports; plus the contemporary custom design by Lorono Homes. With a mere 45-minute commute from the heart of Manhattan, it provides convenient accessibility. Located near Rye downtown, schools, parks, beaches, and clubs, this exceptional home is truly special and not to be overlooked!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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:
$6,895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,516,000 | $5,516,000 | $5,516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 7.014% | 6.790% |
Monthly Tax Payment | $9,415 | $9,415 | $9,415 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,516 | $36,236 | $48,430 |
Total Monthly Payment | $43,056 | $45,776 | $57,970 |
* 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.