Welcome to 5 West Gate! This custom-built 8, 000+ square foot estate sits on over two private acres in the prestigious village of Lloyd Harbor. Featuring 5 bedrooms and 7 full baths, this meticulously renovated home is in pristine, "brand new" condition. A four-stop elevator adds a touch of modern luxury, catering to the discerning needs of today's buyers. The thoughtfully designed floor plan is perfect for year-round entertaining. The fabulous chef's kitchen, with two islands and a vaulted ceiling breakfast area, is the heart of the home. Adjacent to the kitchen are a large mudroom and a walk-in pantry. The heated three-car garage, with 12' ceilings, is ideal for car enthusiasts, allowing for car lifts. For family gatherings and entertainment, the living room and separate bar room offer the perfect spaces for enjoyment. A covered bluestone porch seamlessly connects the living space to a stunning hotel-style pool and patio area. The exquisite pool house features a kitchen, full bath, changing room, spacious living area, and a covered dining area that seats twelve. The heated gunite pool, with two sun deck seating areas and an integrated hot tub, is the centerpiece of this outdoor oasis. Two separate staircases lead to the finished walkout lower level, designed to be an inviting living space with abundant natural light. This recreational haven includes a basketball court with a 25-foot high ceiling, a wine cellar, a sauna, a full bath, and a TV room. Upstairs, the oversized primary suite is unmatched, complete with two individual bathrooms, two closets, and a private roof deck with an outdoor shower. , Additional information: Appearance: diamond, Interior Features: Guest Quarters, Lr/Dr, Marble Bath, Separate Hotwater Heater: 2
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $5,200,000 | $5,200,000 | $5,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $5,363 | $5,363 | $5,363 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,346 | $32,868 | $43,881 |
Total Monthly Payment | $35,834 | $38,356 | $49,369 |
* 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.