Experience resort-style living in the gated community of Gracewood with this exceptional 5-BR, 4. 5-bath center hall Colonial. Tucked away on a quiet street, w/very long driveway, this gorgeous residence is a study in luxury, boasting exquisite architectural details throughout. Spread over 5, 500 SF, this property presents an open floor plan designed for elegant living. The two-story grand entry foyer, resplendent with elegance, unfolds into a formal LR featuring a cozy wbfp, the perfect setting for tranquil evenings. A spacious DR invites festive gatherings, while a home office & den cater to work & relaxation needs that opens to a large wood deck. The main floor is also home to a showcase kitchen, equipped w/high-end appliances. Ascend to the 2nd flr to discover a magnificent oversized primary suite, complete with 2 large walk-in closets and a spa-like bath, offering a haven of serenity. Additional accommodation includes two large BRS sharing a hallway bath. Walkout basement w/2 BRS & 2 full bath. Hardwood floor throughout. 3-car garage. Gracewood's community amenities elevate the living experience. Enjoy access to indoor and outdoor pools, a well-equipped gym, tennis facilities, & a playground. Shelter Rock Elementary and Manhasset Middle/High School districts. This property offers a blend of convenience, luxury, & a strong sense of community. Embrace a lifestyle of refined comfort in Gracewood's exclusive gated community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $2,239,200 | $2,239,200 | $2,239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $3,361 | $3,361 | $3,361 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,539 | $13,787 | $18,595 |
Total Monthly Payment | $16,025 | $17,273 | $22,081 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.