Welcome to 8 Giffard Way, a beautifully updated farm ranch in the desirable Tuxedo Hills neighborhood of Melville. This home boasts a stunning first-level primary suite with high ceilings, abundant natural light, two walk-in closets, and an expansive bathroom. Two additional bedrooms and a shared bathroom complete the main level. The double-height entryway welcomes you with a staircase leading to the second floor, featuring two large bedrooms with ample closets and a shared bathroom. The heart of the home lies on the first floor, where you'll find a renovated kitchen with Subzero fridge, Thermador double oven, Wolf cooktop, custom cabinetry, and granite counters. High ceilings and a spacious breakfast area make this kitchen a true focal point. The remainder of the first floor includes a private den with a sunken seating area and a large open concept living room with a dining room, high ceilings, and a fireplace. The roof is just two years old, and recent updates include HVAC and Boiler systems, ensuring modern comfort. The over 1 acre property with amazing deck space in the backyard in perfect for entertaining and more than enough room for a new pool if desired. Seize the opportunity to call 8 Giffard Way your future home in Tuxedo Hills, where low taxes sweeten the deal. Don't miss out on this incredible property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,699,999
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 | $1,359,999 | $1,359,999 | $1,359,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | $1,764 | $1,764 | $1,764 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,374 | $8,934 | $12,035 |
Total Monthly Payment | $10,263 | $10,823 | $13,924 |
* 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.