Laurelrock was built by a branch of the Roosevelt family as a country retreat in 1932. After an extensive renovation and expansion in 2010, Laurelrock today exudes a casual and contemporary elegance that is enhanced by its delightful assurance of historic authenticity. The residence sits high up on a hill, beyond a running creek, at the end of a long, circular driveway of 500 feet, amidst parklike grounds with stately old specimen trees including red and white oak, sugar maple, beech, hickory and cedar. The property is surrounded by deep borders of woodland that offer privacy and protection. The main house is constructed of native granite with masonry walls measuring up to eighteen inches in thickness. A large, modern kitchen, a sun-filled conservatory, a library, a new master suite and updated systems were added in 2010. Great care was taken to maintain the historic character and workmanship of the pre-war architecture. The new addition was built with masonry walls, slate and copper roofs, copper gutters and mahogany doors that maintain the beauty and integrity of the original design. There is a separate carriage house/garage with a studio apartment that could also be used as a guest suite or expansive home office. The current owners have raised their family of 7 in this private and serene sanctuary and are now ready to pass it on.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Built-Ins,Fireplace,Full Bath,Hardwood Floor | 11.0 x 13.0 | Upper |
Bedroom 2 | 14.0 x 16.0 | Upper | |
Bedroom 3 | 12.0 x 14.0 | Upper | |
Bedroom 4 | Full Bath | 16.0 x 17.0 | Upper |
Dining Room | Hardwood Floor | 13.0 x 17.0 | Main |
Eat-In Kitchen | French Doors | 20.0 x 10.0 | Main |
Kitchen | Granite Counters,Hardwood Floor,Island,Pantry | 17.0 x 20.0 | Main |
Library | Book Shelves,French Doors,Hardwood Floor | 19.0 x 20.0 | Main |
Living Room | 2 Story Window(s),Balcony/Deck,Cathedral Ceiling,Fireplace,French Doors,Hardwood Floor | 16.0 x 27.0 | Main |
Primary Bedroom | 9 ft+ Ceilings,Balcony/Deck,Full Bath,Hardwood Floor,Walk-In Closet,Whirlpool Tub | 18.0 x 14.0 | Upper |
Sun Room | French Doors | 18.0 x 19.0 | Main |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $13,200 | $13,200 | $13,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $88 | $87 | $111 |
Total Monthly Payment | $163 | $162 | $186 |
* 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.