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Brand-New Custom Colonial in the Heart of Merrick – Move-In Ready! Thoughtfully designed with modern living and timeless elegance in mind. This spacious home features an open-concept layout perfect for today's lifestyle, offering a gourmet kitchen that seamlessly flows into the family room, living room, and formal dining room—ideal for both everyday living and entertaining. •Beautiful hardwood floors run throughout the home, while a cozy gas fireplace creates the perfect setting for relaxing evenings. With 5 generously sized bedrooms and 3 full bathrooms, there's plenty of space for family and guests. The first floor includes a convenient bedroom and full bath, perfect for extended family, visitors, or a home office. •Upstairs, you'll find a luxurious primary suite complete with walk-in closets and a spa-inspired en-suite bath, along with three additional bedrooms and another full bathroom. The second-floor laundry room adds convenience and efficiency to daily living. •Sliding glass doors from both the kitchen and family room lead to the backyard, offering easy indoor-outdoor living. A full unfinished basement with side-yard access provides endless possibilities for storage, recreation, or future customization. Ideally located near top-rated schools, shopping, dining, and the LIRR for an easy commute, this exceptional new construction offers the perfect combination of comfort, style, and convenience. Don't miss the opportunity to make this beautiful Merrick home your own!
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,648,000
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 | $1,318,400 | $1,318,400 | $1,318,400 |
| 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 | $402 | $402 | $402 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,486 | $8,118 | $11,125 |
| Total Monthly Payment | $8,013 | $8,645 | $11,652 |
* 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.