Welcome to Overlook, a charming home nestled on 2. 26 acres of park-like property, once owned by JP Morgan & where Billy Joel found inspiration to pen "NY State of Mind". The sprawling Gatsby-era patio & daffodil-dotted lawn overlook the Hudson River. The main residence is a 5-br 4-bth retreat. A massive fireplace separates the living room and sun-drenched great room. Architects Peabody & Stearns designed the original home on which foundation the home sits; its bricks carry the history of the Morgan Estate. The heated pool is powered by a salt water pump & flanked by a large deck. Adjacent to the pool is a lovely 1 bedroom cottage. The property boasts a 3-bedroom, 2-bathroom carriage house with a garage, added in 2020. To purchasing this property is to become the steward of its legacy from the Gilded Age to Grammy winning rock & roll. Embrace this opportunity to contribute to a pedigreed history while creating your own chapter in its illustrious tale.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $1,810 | $1,810 | $1,810 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,937 | $9,827 | $13,253 |
Total Monthly Payment | $10,872 | $11,762 | $15,188 |
* 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.