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Nestled on the picturesque, tree-lined streets of the highly coveted Strathmore section of Manhasset, this sun-drenched Colonial offers a perfect blend of suburban tranquility and modern convenience. The residence features a functional layout highlighted by a cozy living room with a fireplace, a spacious eat-in kitchen, and a finished walk-out basement ideal for recreation or gatherings. With its north-to-south exposure and a primary bedroom featuring a private balcony, the home serves as a serene sanctuary within the prestigious, top-rated Manhasset School District. The property boasts an enviable location with unmatched proximity to the area's premier amenities, including the world-class shopping at Americana Manhasset, Whole Foods, and Munsey Park Elementary School. Commuters will appreciate being just moments from the Manhasset LIRR station, offering direct service to Manhattan, Woodside, and Flushing. This home represents a rare opportunity for investors or future owner-occupants to secure a foothold in one of Long Island's most desirable communities.
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Our Executive Mortgage Banker:
$1,688,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,350,400 | $1,350,400 | $1,350,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,694 | $1,694 | $1,694 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,667 | $8,315 | $11,395 |
| Total Monthly Payment | $9,486 | $10,134 | $13,214 |
* 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.