7 Locust Lane, Upper Brookville, NY, 11545 | $2,295,000

Diamond in the Rough. Oversized cedar shake Cape Cod style home, offers 4453SF of living space on 2 flat acres in Upper Brookville. Traditional Colonial layout features a two-story entry foyer flanked by a formal living room with wood burning fireplace and formal dining rooms, both with large picture windows. An open concept kitchen/great room w/ fireplace is the heart of the home, with high ceilings, reclaimed wood beams, a wall of windows and sliding doors, a chef's kitchen with 48" Wolf cooking and SubZ refrigeration and a large island with seating. Off the kitchen is the mud room entry from the rear or 2-car attached garage, laundry room, bedroom and full bath. On the south side of the house, on the 1st level, the primary suite offers a tray ceiling, multiple walk-in closets, an ensuite marble bath with double sinks, shower, windowed tub and private water closet AND a private office/sitting room/library. Upstairs contains 2 huge bedrooms, each with walk-in closets and private bath, with a common area loft space. The basement is the full footprint of the house and is unfinished, housing utilities and storage. The 2. 5 car detached carriage house offers room for additional vehicles and has an unfinished room above. Plenty of room for expansion; just your imagination is required to bring this beauty back to life.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Laundry: Laundry Room
  • Style: Cape Cod
  • Year Built: 1962
  • Garage: 4-car
  • Heating: Oil
  • Cooling: Central Air
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 4,453
  • Acreage: 2
  • Est. Taxes: $38,883
  • Lot Desc: Level, Private, See Remarks
  • Elem. School: Ann Macarthur Primary School
  • Middle School: Locust Valley Middle School
  • High School: Locust Valley High School
  • School District: Locust Valley
  • Appliances: Dishwasher, Dryer, Gas Range, Stainless Steel Appliance(s), Washer, Wine Refrigerator
  • MLS#: 1016394
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /eprop/1016394/7locustlane_upperbrookville_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Compass Greater NY LLC   Phone: 516-500-8271

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

7 Locust Lane, Upper Brookville, NY, 11545

$2,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,836,000 $1,836,000 $1,836,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment $3,240 $3,240 $3,240
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,425 $11,008 $15,493
Total Monthly Payment $13,790 $14,373 $18,858

* 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.