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Enjoy summer living at its finest in this rare waterfront rental on exclusive Pine Island in Rye, NY, offering a private boat dock, shared use of a tennis court, and sweeping Long Island Sound views from nearly every room. Set on coveted Milton Point, this elegant center-hall colonial delivers a true resort-like summer escape. The home features 7 bedrooms (currently configured as 5 bedrooms and 2 offices), 3 full bathrooms, and 2 half baths. The updated eat-in kitchen includes high-end appliances, two dishwashers, a large island, and a walk-in pantry, and opens to a deck with beautiful water views perfect for relaxed summer mornings or sunset cocktails. The kitchen flows into a casual dining area and family room, while the formal living and dining rooms are filled with natural light from expansive windows with spectacular water-views and offer a wood-burning fireplace, built-in bar, and access to a stone patio overlooking the Sound, perfect for entertaining. The second floor includes a spectacular primary suite with panoramic sunrise views, two walk-in closets, and a luxurious en-suite bath, along with four additional bedrooms, two full baths, and an extra room currently used as an office that can also serve as a bedroom. Outside, enjoy a large stone terrace, direct water access, a private boat dock, plus shared use of a private tennis court. An exceptional summer retreat where every day feels like a getaway. Also available as long-term rental for $24k per month.
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Our Executive Mortgage Banker:
Our Insurance Division:
$35,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $28,000 | $28,000 | $28,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.280% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $161 | $170 | $227 |
| Total Monthly Payment | $236 | $245 | $302 |
* 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.