Elegant spacious Georgian-style brick home, designed by renowned architect, William A. Bates for the Herbert C. Pell family in 1892. Located on prestigious Tower Hill Loop, a quiet hilltop setting. All levels of this spacious home offer world class views of Tuxedo Lake and the surrounding hills. The home welcomes you through a center stair hall; the main floor offers grand scale in its living, dining and library, all with fireplaces and south-west exposure for sun all day. The living and dining room both have access to the covered sunset porch. The living room has columns that frame the room, Jefferson windows that open to the porch to bring the outdoors in and beautiful moldings. The dining room features a large picture window that provides an ever-changing view of the lake and panelled wood walls. Off the center hall there is a guest bath and access to a sunny library with built-in bookcases and wood panelled walls. There is a well appointed kitchen with its own entrance and garage. The second floor comprises five bedrooms and adjoining full baths. The third floor is a capacious partially finished area with big windows and lake views. The large open-plan lower level has a family room with a fireplace, a second kitchen, an office, full bath, temperature controlled wine storage and a covered porch with garden access. Private and historic Tuxedo Park is a 24/7 gated police-guarded community within an hour's drive of mid-town Manhattan. The village provides swimming, boating, biking, fishing and hiking as well as cross-country skiing and other outdoor activities at your doorstep.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,996,000 | $1,996,000 | $1,996,000 |
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 | $3,543 | $3,543 | $3,543 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,333 | $12,452 | $16,709 |
Total Monthly Payment | $15,000 | $16,119 | $20,376 |
* 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.