7 Cedar Lane, Glen Cove, NY, 11542 | $3,990,000

Welcome to 7 Cedar Ln, a remarkable turn key residence perched high above the water on the Gold Coast. This exquisite home offers an expansive layout with five bedrooms and four and a half bathrooms, perfect for accommodating family and guests alike. Once inside, you'll be greeted by a sophisticated interior designed for modern living. This entire home was new construction in 2005, with the exception of one fireplace and the turret of the home which was thoughtfully kept to maintain some of the charm and original character of this Gatsy-esque property. The history here is rich and the construction was designed to recreate a feel and pay homage to the integrity of the previous home. Carefully cultivated architectural details, such as stained glass and an interior door worthy to be called art, were carefully refinished and repurposed to further deepen the bonds of this residence with the property's glorious past. The exterior of the home is equally impressive, enjoy views of the Long Island Sound from the custom patio that serves as an ideal spot for outdoor gatherings or simply unwinding after a long day. The pool and well equipped pool house offer a refreshing retreat, making it a fantastic feature for hosts and entertainers. Meander down to Crescent Beach to go for a row or paddle, soak in the sunshine or merely marvel at the sunset from this truly unique offering. This property combines luxury and class, offering a perfect blend for today's discerning homeowner.

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Style: A-Frame
  • Year Built: 2005
  • Garage: 3-car
  • Heating: Forced Air, Radiant Floor, Other
  • Cooling: Central Air
  • Basement: Partially Finished
  • Approx Sq. Feet: 7,000
  • Acreage: 0.91
  • Est. Taxes: $41,811
  • HOA Fee: $400 Annually
  • View: Water
  • Elem. School: Deasy School
  • Middle School: Robert M Finley Middle School
  • High School: Glen Cove High School
  • School District: Glen Cove
  • Pool: Yes
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Other, Oven, Range, Refrigerator, Washer
  • MLS#: 864449
  • Days on Market: 129 days
  • Website: https://www.raveis.com
    /eprop/864449/7cedarlane_glencove_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.Listing courtesy of Compass Greater NY LLC   Phone: 516-517-4751

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.

Customer Service

888.699.8876

Contact@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
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • 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.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@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 Cedar Lane, Glen Cove, NY, 11542

$3,990,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $3,192,000 $3,192,000 $3,192,000
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 $3,484 $3,484 $3,484
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,380 $19,138 $26,507
Total Monthly Payment $20,989 $22,747 $30,116

* 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.