Rich Ormond history meets with timeless modern architectural elegance at the magnificent 70 Riverside. Custom designed by renowned local architect Bill Chapin, this stunning home is located in the most prime location Ormond has to offer and shares the original Rockefeller seawall! Whether walking to the beach, golf carting to Oceanside Country Club, taking in cultural events at the Casements, or boating the Halifax River, this home couldn't be more ideally situated. Every inch of this home was meticulously laid out both for effortless family living as well as elaborate entertaining. All four upstairs bedrooms have incredible river views and ensuite baths while the fifth bedroom gives the option for a first-floor primary or in-law suite. The main living spaces flow together beautifully including a gourmet kitchen with walk-in pantry and oversized island, connected formal living and dining areas, and ample outdoor living space overlooking the pool, fenced yard, and expansive waterfront. This home has a multitude of bonus features with thoughtful design like the upstairs recreation and laundry rooms, oversized closets, connected balconies, and much more. Living on "One-Way Riverside Drive" has its own charm and allure with a canopy of mature trees covering the roadway and walkability that is second to none. Whether it's watching the dolphins swim by your dock, catching stunning sunsets daily from the patio, or having friends over to watch the July 4th fireworks right in front your backyard, there really is nothing that compares to this amazing property and the quality of life it offers.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,200,000 | $3,200,000 | $3,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,146 | $1,146 | $1,146 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,755 | $20,490 | $28,096 |
Total Monthly Payment | $22,026 | $21,761 | $29,367 |
* 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.