A rare and exciting opportunity to own a spectacular, treasured home, in a prime location, with water views of the Long Island Sound. This majestic home is in the heart of Sutton Manor, the small enclave of seaside havens with a neighborhood association offering residents a private boathouse, dock, beach and annual gatherings. Homes in this sought-after community, chockfull of history, rarely become available and this gem is a crown jewel. With classic, turn of the century architectural flair and character, this charmer has you right at the door. Gracious rooms (many with water views), high ceilings, seven large bedrooms, a covered porch, a large deck and an extraordinary backyard are just some of the incredible highlights. Infuse this beauty with your modern vision and touches and restore this haven back to its heyday and well beyond. The possibilities are boundless. Additional Information: Amenities: Guest Quarters, Storage, HeatingFuel: Oil Above Ground, ParkingFeatures: 2 Car Detached, ConstructionDescription: Shingle Siding,
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,000
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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $2,084 | $2,084 | $2,084 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,538 | $4,986 | $6,690 |
Total Monthly Payment | $6,714 | $7,162 | $8,866 |
* 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.