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Presented by
Vicky Welch - Vicky & Team |
Prime 0. 92-acre buildable estate lot on Martin Court's exclusive cul-de-sac in the prestigious Village of Kings Point. Rare opportunity to create your custom dream home on one of Great Neck's most coveted streets, surrounded by multi-million dollar estates valued between $8M-$12M. This survey-confirmed irregular pie-shaped lot offers approximately 140-150 feet of cul-de-sac frontage and extends 200+ feet deep, widening toward the rear for maximum privacy and design flexibility. Flat front yard ideal for main structure, natural slope at rear. Mature landscaping. Corner position provides exceptional privacy. All utilities in place: municipal water, gas, electric (cesspool on-site; municipal sewer connection available). Significant savings versus raw land development. Existing 1954 mid-century brick ranch (2, 432 sq ft, 3BR/3BA) is a teardown candidate. All value is in the land. Award-winning Great Neck School District (9/10 rated schools). Minutes to LIRR (25 min to Penn Station), par
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.
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$3,400,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.215.4990
Vicky.Welch@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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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 | $2,720,000 | $2,720,000 | $2,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.031% | 5.885% |
| Monthly Tax Payment | $2,207 | $2,207 | $2,207 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,020 | $16,090 | $22,406 |
| Total Monthly Payment | $17,352 | $18,422 | $24,738 |
* 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.