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Welcome to 97 Chestnut Street, an exceptional residence in Mount Sinai that combines spaciousness, privacy, and functionality in a design tailored to the modern lifestyle. This property offers 6 bedrooms and 5 full bathrooms distributed across well-defined spaces—ideal for multi-generational living, or buyers seeking flexibility. The interiors are distinguished by high ceilings, abundant natural light, and multiple living areas that provide comfort for both daily living and evening entertaining. The open-concept kitchen features a breakfast area, excellent storage capacity, and a direct connection to the social spaces, creating a practical and welcoming atmosphere. The first floor includes a bedroom that can serve as a private suite for guests. The finished lower level adds significant value with recreational space, storage, and convenient access, further expanding the property's potential uses. The exterior offers a private, oasis-like setting on a lot of approximately 1. 25 acres, featuring a swimming pool, hot tub, spacious patio, and lush green areas ideal for outdoor enjoyment. The property also includes a two-car garage and an expansive driveway that provides ample additional parking. Strategically located near renowned schools, shops, parks, and transportation, this property combines residential tranquility with convenient access to essential amenities. With the necessary permits already in place, there is potential for a "Mother & Daughter" (accessory apartment) configuration, making this an excellent option for those seeking additional living space or potential rental income. This is a unique opportunity to acquire a move-in-ready property with significant potential for future appreciation.
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Our Executive Mortgage Banker:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,486 | $1,486 | $1,486 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,992 | $5,342 | $7,419 |
| Total Monthly Payment | $6,603 | $6,953 | $9,030 |
* 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.