This imposing colonial , in beautiful Babylon Village, south of Montauk Highway, features all the luxury details . Masonry walkway and steps lead to majestic double door front entry doors leading into a center entrance hall with winding staircase . The first floor features a formal dining room and living room, both with crown moldings and hardwood floors. Kitchen features granite countertops and center Island, as well as ceramic tile floor with radiant heating, and Stainless steel appliances. Large Den features ceramic tile floor with radiant floor heating. First floor also features half bath , pantry, laundry room as well as additional bedroom which can be used for home office or gym. Second floor features L-Shaped Primary suite with large walk in closet, hardwood floors, and crown moldings, as well as majestic bathroom with separate tub and shower, along with ceramic walls and floors. Additional two bedrooms with wall -to -wall carpeting, and separate full bath with wainscoting complete the interior of this luxury home. This home also features an attached two car garage and sits on a corner lot with large fenced backyard with ample room for an inground pool and outdoor kitchen. Home also boasts a central vacuum system as well as inground sprinklers. Flood Zone X, flood insurance not required.
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Our Executive Mortgage Banker:
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$1,050,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,992 | $1,992 | $1,992 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,769 | $5,241 | $7,032 |
Total Monthly Payment | $6,886 | $7,358 | $9,149 |
* 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.