Introducing an iconic and rare Scarsdale estate located in the heart of the prestigious Murray Hill estate area. Nestled on over four acres of magnificent grounds and within very close proximity to the Scarsdale train station, Village shops and schools, this impressive residence offers resort style amenities and elegant formal and informal living spaces and work areas. A long winding driveway behind a gated entry offers a scenic approach leading to the beautiful residence. Enjoy amenities including a Har-Tru tennis court, a 50 by 20 pool with spa, air-conditioned and heated pool cabana, outdoor cooking area, fire-pit and a dreamy covered porch. The grand formal entrance hall welcomes guests into gracious living spaces designed for elegant entertaining and everyday enjoyment. Offering quiet spaces for relaxation and the privacy to work from home and also to entertain on a grand scale, 17 Heathcote Road can accommodate all your desires and needs. The spacious newly updated kitchen features a large center island, marble countertops, and stainless steel appliances, open to a breakfast area and grand family room detailed with an entire wall of glass and doors that open to the exquisite property. Additional highlights on the main level include a large formal living room with a fireplace and French doors to the patio and garden, a banquet-sized formal dining room with access to the kitchen and butler's pantry, a romantic garden room with tall ceilings and arched windows and doors overlooking the property and a formal library/den with beautiful coffered ceilings. The second level features an impressive primary suite with a separate sitting room, dressing area with two custom-fitted walk-in closets and a spa-like primary bathroom. Four additional bedrooms each with an ensuite bathroom and walk-in closet complete the second level. The third level offers a large game room/recreation area with skylights, a bedroom with a separate sitting area, and a full hallway bathroom. The resort-style amenities continue on the lower level which features 2, 420 additional square feet including a sauna, a full bathroom with steam shower, a spacious fitness room with a mirrored wall and a ballet/exercise bar, a recreation room, a bedroom with a full bathroom, a mudroom with custom built-ins, closets, laundry, and a four-car garage with storage. Whether you are looking for a spectacular full-time residence or a weekend escape, you will fall in love with this remarkable and completely private Murray Hill estate in the sought after Scarsdale School District and only 35 minutes from New York City! 17 Heathcote Road is assessed at a value of approximately $9, 975, 143. Taxes can be significantly reduced! As per Richard O'Donnel, tax grievance expert, assuming this property sold at the current list price of $7, 399, 000, that would potentially reduce the gross taxes by 25. 8%, reducing them from $199, 320 to approximately $147, 842 or a savings of $51, 478. This is a rough estimate as these numbers will change slightly when the Residential Assessment Ratio(RAR) is issued in April.
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$7,399,000
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 | $5,919,200 | $5,919,200 | $5,919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $16,235 | $16,235 | $16,235 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $36,446 | $39,381 | $52,380 |
Total Monthly Payment | $52,806 | $55,741 | $68,740 |
* 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.