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Nestled in the heart of Locust Valley, this elegant Hampton's style four bedroom, four bath colonial is clad in cedar shake and hugged by flowering Hydrangeas. It's a vintage 1921 home that has been completely renovated to exacting standards. Only the highest quality materials have been used in every room of the house. Quarter sawn oak floors, designer lighting, high end architectural details, and all new double pane windows are the norm. The chef's kitchen has double ovens, a gas cooktop, restaurant grade stainless steel counters and appliances as well as an island. The first floor Primary bedroom has a beautiful full bath and plenty of closet space. The versatile dining room with access to the patio, could also be used as an office or den. Additionally, there are three more bedrooms and a full bath upstairs. The oversized finished basement is ideal for entertaining, as an office, or a gym. A walk out glass French door and transom windows flood the basement with natural light and the full bath on the lower level is a bonus. The well-equipped laundry room offers a state of the art washer and dryer as well as a wash basin and closet space. The utility room has 3 zones of filtered energy efficient heating and central cooling systems as well as additional storage space. One of the best features of this well appointed home is it's ideally located near public and private schools, the library, parks, golf courses, charming antique shops, restaurants, boutiques, and very close proximity to the train station connecting to Grand Central, Penn, Brooklyn and JFK. Potentially, the option exists to also rent the garages and one bedroom apartment over the garage.
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Our Executive Mortgage Banker:
$6,200
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $4,960 | $4,960 | $4,960 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $30 | $31 | $41 |
| Total Monthly Payment | $105 | $106 | $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.