7 Evergreen Lane, Larchmont (Mamaroneck), NY, 10538 | $2,299,000

Discover a prime development opportunity to build your dream home overlooking the prestigious Winged Foot Golf Club. This serene cul-de-sac location boasts 3. 40 acres of prime real estate, featuring mature trees, a pool, and patio for outdoor enjoyment, all framed by a circular driveway for elegant entry. The former 11, 617 square feet residence, has currently been demolished, offering a fresh canvas for new construction. Pictures and floor plans of the former house are available upon request, providing insight for developers and builders. Capitalize on the development potential with close proximity to New York City providing suburban serenity and urban accessibility. This property presents a lucrative investment opportunity, catering to affluent buyers seeking luxury living overlooking this exclusive golf course. Benefit from our builders connections, as we can facilitate collaborations with reputable companies specializing in custom home construction, providing quotes and guidance for crafting your dream home on this exceptional land. Zoned residential with utilities available on-site, and boasting highly rated nearby schools, don't miss this rare chance to build your dream house in one of the most sought-after locations! Tax grievance in process to reflect land value only for next year.

Features

  • Town: Larchmont
  • Zoning: Other
  • Elem. School: Mamaroneck Avenue School
  • Middle School: Hommocks School
  • High School: Mamaroneck High School
  • School District: Mamaroneck
  • MLS#: H6287691
  • Days on Market: 25 days
  • Website: https://www.raveis.com
    /raveis/H6287691/7evergreenlane_larchmont_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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.

Michelle and Robert Nead TeamLicensed Real Estate Salespersons

914.282.0618

Nead@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7 Evergreen Lane, Larchmont (Mamaroneck), NY, 10538

$2,299,000

Michelle and Robert Nead Team

Licensed Real Estate Salespersons

William Raveis Real Estate

Phone: 914.282.0618

Nead@Raveis.com

Brian Shahwan

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 $1,839,200 $1,839,200 $1,839,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,027 $11,929 $16,021
Total Monthly Payment $11,152 $12,054 $16,146

* 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.