Introducing 7 Red Oak Drive - Just completed 6-bedroom, 4. 5 bathroom new construction in Rye, NY. On the first floor you will find a fully equipped chef's kitchen created by Corvino Design, featuring Sub-Zero, Wolf and Cove appliances and Taj Mahal quartzite countertops. Adjacent to the kitchen is your spacious great room with a gas fireplace and designated breakfast area. Additionally, there are also formal living and dining rooms ready for all your entertaining needs. Upstairs, settle into your primary suite, where you'll enjoy the luxury of two walk-in closets and a relaxing soaker tub in your sumptuous primary bathroom. You will also find an additional bedroom suite and 2 bedrooms that share a jack-and-jill bathroom. Head downstairs to the lower level, complete with a spacious entertaining family room, 60 bottle wine wall, entertainment center outfitted with a microwave and beverage center, 2 additional bedrooms, and a full bathroom. You'll also find glass doors enclosing your very own fitness studio. Unwind outdoors on your back patio and enjoy the private backyard. This stunning home perfectly blends modern luxury and classic elegance all within walking distance of Disbrow Park and Rye Town Beach. Buyer is to pay the NY state transfer tax Additional Information: ParkingFeatures: 1 Car Attached,
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,956,000 | $2,956,000 | $2,956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,016 | $18,442 | $24,745 |
Total Monthly Payment | $17,141 | $18,567 | $24,870 |
* 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.