You’ll find this incomparable, custom Center Hall Colonial, artfully landscaped and screened from the street, at the intersection of luxury, lifestyle and location. Centrally located with cul de sac access, a short walk to beach Clubs, schools, and buzzy restaurants, there’s every reason to fall in love with Rye right here! Constructed by renowned Grasso Development, this 6, 000+ sq ft stone-and-slate stunner with 5 bedrooms, and 7 baths, also incorporates a separate first floor suite with its own entrance with limitless potential for innumerable uses for work or separate living possibilities. Only top-grade finishes and materials throughout: ebony-stained cherry floors, pastel polished Onyx, Calcutta Gold, Carrara, Atelier Saint-Jacques and Marquina marbles, and luxury-spa style bathrooms. The 11 ft ceilings on the first floor and expansive wall space accommodate every kind of art collector. 160 Forest Ave is truly entertainers’ paradise: The large, light-filled luxury kitchen spills into both the butler’s pantry and irresistibly chic family room where family and guests' binge on Netflix, toast holidays and birthdays, and play charades before racing outside for touch football on the lawn. Two terraces each with their own fireplace allow for fabulous outdoor entertaining. Did we mention the spacious 3 car garage wired for your Tesla! You have to come and see all this house has to offer. Note: Taxes successfully grieved to new assessment of $63, 000 effective 1/1/2025 (tax valuation of $5, 000, 000). Based on new assessment, taxes for 2024 would have been $75, 367. Additional Information: Amenities: Dressing Area, Marble Bath, Storage, ParkingFeatures: 3 Car Attached,
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,996,000 | $3,996,000 | $3,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $6,779 | $6,779 | $6,779 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,376 | $24,280 | $32,916 |
Total Monthly Payment | $29,280 | $31,184 | $39,820 |
* 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.