1966 Midlane, Oyster Bay (Muttontown), NY, 11791 | $1,888,000

Welcome to this magnificent residence in the Incorporated Village of Muttontown, Location! Location! Situated on the prestigious North Shore of Long Island. This premier location is only 25 miles from Manhattan and offers convenient access to fine and casual dining, world-class shopping, golf courses, country clubs, yacht clubs, the Muttontown Preserve, as well as equestrian and cultural centers. This property features an expansive floor plan ideal for the modern buyer. The home is heated by gas, with a newer boiler and hotwater tank. The basement includes an outside entrance that leads to a stunning country club yard, perfect for entertaining. Additionally, the home is equipped with a full house generator. Inside there are five bedrooms and four baths. The main level boasts two primary en-suites and third bedroom. The second level features an expansive primary suite and great room/artist studio and a secondary staircase leading to the main level. The home offers five-zone heating and five-zone central air conditioning for optimal comfort. The large living room has a cozy fireplace and windows overlooking front yard property. The extended family room features a grand stoned fireplace and vaulted ceiling offering views of exquisite country club yard. The outdoor space is equally impressive with a flat 2. 68-acre lot adorned with mature specimen plantings providing total privacy and a 33-zone whole property sprinkler system. The yard includes an inground pool with a new vinyl liner, a retractable awning, gutter protectors and expansive patio, ideal for summer relaxation. This exceptional property set in an unbeatable location, offers both luxury and tranquility making it a perfect retreat just a short distance from the city and the towns of Syosset and Huntington Village. A Must See!, Additional information: Appearance: Excellent, Separate Hotwater Heater: Yes

Features

  • Town: Oyster Bay
  • Amenities: Park
  • Rooms: 12
  • Bedrooms: 5
  • Baths: 4 full
  • Style: Ranch
  • Year Built: 1946
  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: Central Air
  • Basement: Partially Finished, Walk-Out Access
  • Est. Taxes: $35,810
  • Lot Desc: Part Wooded, Near Public Transit, Near School
  • Middle School: South Woods Middle School
  • High School: Syosset Senior High School
  • School District: Syosset
  • Appliances: Gas Water Heater, Wine Cooler
  • MLS#: 3576635
  • Days on Market: 127 days
  • Website: https://www.raveis.com
    /eprop/3576635/1966midlane_oysterbay_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 516-677-0030

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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1966 Midlane, Oyster Bay (Muttontown), NY, 11791

$1,888,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $1,510,400 $1,510,400 $1,510,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.700% 6.222% 5.785%
Monthly Tax Payment $2,984 $2,984 $2,984
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,458 $9,177 $12,442
Total Monthly Payment $11,567 $12,286 $15,551

* 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.