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DIRECT WATERFRONT ON LONG ISLAND SOUND only 23 miles from NYC!! Located in the only Gated Waterfront Community with its own Private Marina & Boat Slip. Legend Yacht & Beach Club is a spectacular community of free-standing homes with a 24-hour manned gatehouse, two-story waterfront clubhouse, pool & pool terrace, indoor clay tennis court, sandy beach, ponds, garden areas and mature landscape. Set on the historic Pembroke Estate which was once owned by Arthur Loew of Loew's MGM Movie Theaters. This pristine custom designed home offers a first-floor primary suite & covered porch with outstanding views of LI Sound & the private marina. The property features spacious rooms throughout with bright spaces, soaring ceilings, floor to ceiling windows highlighted by rich wood floors and all with magnificent views of the water & amazing sunsets. The Kitchen is large with a granite topped center island and lovely breakfast room adjacent to the Den with fireplace & attractive built-In Cabinetry. There is also a spacious living room with fireplace and soaring ceilings overlooking the water, formal dining room, cozy den, three additional bedrooms and 3. 5 baths. Extensive Brazilian walnut wood decking extends the entire length of the home with two covered sections off the Kitchen & Primary Suite. The property is a blend of modern conveniences with traditional charm. Ideal for Relaxation and Entertaining this magnificent retreat is the home for full time living or a perfect Hamptons Alternative. Also included are resident privileges at Glen Cove Golf Course. Taxes are being Grieved!
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:
$3,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,600,000 | $2,600,000 | $2,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $5,183 | $5,183 | $5,183 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,157 | $15,588 | $21,591 |
| Total Monthly Payment | $19,465 | $20,896 | $26,899 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.