AO 10/9/23. Inspections completed. Style & Sophistication on Orienta Point! Boasting spectacular "Curb Appeal, " this stunning, custom-built home on prestigious Seven Oaks Lane is just steps from the LI sound, with private beach rights. It features generously sized rooms and thoughtfully designed spaces, perfect for everyday living and entertaining. A grand Foyer opens to a formal Living Room, large Dining Room, Butler's Pantry, spacious Eat-in Kitchen with adjacent Family Room & home Office. A Bedroom/Bath is located off the side door Mudroom with back staircase and access to 2-car garage. The second floor offers a large Office/Bedroom/Bath, Primary Bedroom/Bath with Deck and stairway to Office/Yoga room with Water Views, 3 additional Bedrooms all with ensuite Baths as well as a Family Room/Den, perfect for casual second floor family living/office space. The sq footage does not include lower level. The rear property with lovely, covered terrace is lush and flat with room for a pool. A very special property - MUST SEE!
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Our Executive Mortgage Banker:
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$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
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% | 6.977% | 6.790% |
Monthly Tax Payment | $6,424 | $6,424 | $6,424 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,013 | $18,394 | $24,584 |
Total Monthly Payment | $23,562 | $24,943 | $31,133 |
* 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.