Get ready to walk out of your home each morning and soak in the spectacular sunrises over Kniffen's Cove-- this exciting residence on one of Milton Point's most coveted and scenic streets is now on the market! Just steps away from Milton School, Long Island Sound, Rye City marina, beach clubs and Rye Town Beach and Park, this handsome Tudor style home has been masterfully expanded and updated throughout the years. The home is a masterwork of artisanship, combining the finest architectural detail with modern design and amenities demanded by today's buyers. An entertainer's dream both inside and out, the house boasts a versatile floor plan with large formal rooms for hosting Thanksgiving gatherings as well as a modern and open Eat-In-Kitchen and adjacent oversized Family Room with soaring ceilings for more casual get togethers. Double sets of Family Room doors open to an expansive flagstone terrace, the perfect spot for barbecuing with family and friends as the gang play sports on the large, level backyard. Understated on the outside, the home has over 5500' of living space including a sumptuous and private Primary Suite with an oversized Bedroom with a separate seating area, vaulted ceiling and custom built-ins, walk-in Dressing Room, WFH office, and Spa Bath. Four additional bedrooms and 2 additional full baths complete the 2nd floor along with a versatile use third floor with 2 additional spacious rooms and full bath, finished lower level recreation room, laundry, walk-out 6 cubbie mudroom and 3 attached garage bays. What more could you ask for?
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $4,302 | $4,302 | $4,302 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,651 | $20,464 | $27,186 |
Total Monthly Payment | $23,078 | $24,891 | $31,613 |
* 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.