SIGNIFICANT PRICE REDUCTION - MOTIVATED SELLER! Don't miss this beautiful opportunity to own a grand magnificent colonial home in the prestigious Hewlett Bay Park area. Situated on three-quarters of an acre, this brand-new home offers luxury, comfort, and ample space for your family. Welcome to 1335 Paine Road! As you make your way towards the home, you will find this property nestled at the end of a serene & secluded private road. As you approach the house, you're greeted by light-colored brick walls and a dark roof. A large circular driveway leads to an attached 2 car garage with a welcoming front porch that sets the tone for the modern elegance inside. Upon entering the home, you step into a spacious foyer with high ceilings, gleaming porcelain floors and radiant heat throughout. The foyer provides access to the main living areas, great room, formal dining room with fireplace, formal living room, main floor bedroom with ensuite bath, home office, open concept eat in kitchen with Butlers Pantry & access to yard and pool, another full bath and a recreation room on a separate level. Heading upstairs, you have a spacious landing and sitting area, four large bedrooms (one ensuite), two of which have balconies, and an additional full bathroom ensuring privacy and convenience for all family members and guests . In addition, a tremendous primary suite is a luxurious retreat, with a sitting area, private balcony, 2 walk-in closets, and a spa-like bathroom that includes a free standing soaking tub, a walk-in shower, dual vanities, and high-end fixtures. The house includes a total of 7. 5 bathrooms. Each full bathroom is equipped with contemporary fixtures, stylish tile work, and premium materials. The half bathroom, located on the main level, is conveniently accessible for guests. The lower level of the home features an additional 2002 of interior square footage for additional living space, a fully equipped sauna with pine and cedar finishes, a full bathroom, and plenty of space for media room, gym, playroom, or whatever best serves the needs of your family. Lots of storage space and access to mechanical systems, plus an exit to the property from the basement. The backyard is an oasis designed for relaxation and entertainment. It features a large patio area, ideal for outdoor dining and gatherings, and a beautiful in-ground swimming pool. The landscaped lawn provides plenty of space for outdoor activities & the home has a whole house generator. This home is a perfect blend of luxury and practicality offering everything you need and more. Make this dream home your reality!, Additional information: Appearance: Pristine, Interior Features: Guest Quarters, Lr/Dr
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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 | $3,100,000 | $3,100,000 | $3,100,000 |
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 | $3,558 | $3,558 | $3,558 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,091 | $19,594 | $26,160 |
Total Monthly Payment | $21,774 | $23,277 | $29,843 |
* 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.