This home is located on Jewel Box Avenue, a highly sought after quiet cul-de-sac street in Oyster Bay. Jewel Box Avenue has canals, water access, on the front as well as the back of the house. Includes a 12, 000 Lb boat lift on the back dock and two (2) boat lifts (7, 000 Lb and 27, 000 Lb) plus a jet ski lift on the front dock across the street. Currently two (2) of the lifts are leased, adding to any rental income potential. Enjoy endless sunsets and fourth of July fireworks with southern views of Naples Bay from the second floor with corner pocket sliders leading out to the balcony. The two (2) corner pocket sliders on the first floor lead out to the infinity pool, waterfall spa and covered patio grill area with a gas grill and electric smoker. This home boasts four (4) bedrooms, four (4) full baths, monitored alarm system, tile throughout, bamboo floors in the den, hardwood floors on stairway and second floor, quartz countertops, stainless steel appliances, tin ceiling over dining area, coffered ceilings in living / family room and three (3) newer HVAC systems plus a split unit. Home is a stone's throw to the open waters of Naples Bay and minutes to world class beaches, shopping and dining. Due to elevation there were no issues with recent storms.
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$5,249,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,199,200 | $4,199,200 | $4,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.110% | 6.735% | 6.680% |
Monthly Tax Payment | $1,289 | $1,289 | $1,289 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,236 | $26,888 | $36,580 |
Total Monthly Payment | $28,650 | $28,302 | $37,994 |
* 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.