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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.
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:
$3,990,000
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 | $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.